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

	Surgical				Surgical				Rehab				Rehab
	Equipment				Supplies				Equipment				Supplies
Selling price	$	360			$	220			$	440			$	265
Cost		270				190				350				262
Replacement cost		340				180				335				258
Costs to sell		70				25				45				50
Normal gross profit ratio		40	%			40	%			40	%			40	%

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