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

	Surgical Equipment				Surgical Supplies				Rehab Equipment				Rehab Supplies
Selling price	$	268			$	129			$	352			$	148
Cost		152				95				257				149
Costs to sell		19				11				23				6

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

Multiple Choice

• $249.

• $225.

• $152.

• 177