Data related to the inventories of Costco Medical Supply are presented below:

Selling price Cost Costs to sell

Surgical Equipment $ 274 $168 $28

Surgical Supplies $ 132 $90 $ 8

Rehab Equipment $ 322 $ 283 $ 20

Rehab Supplies $ 161 $162 $6

In applying the lower of cost or net realizable value rule, the inventory of rehab equipment would be valued at: Multiple Choice:

$270.

$302.

$212.

$283.