Data related to the inventories of Kimzey Medical Supply are presented below: Selling price Surgical Equipment $ 275 Surgical Supplies Rehab Equipment Rehab Supplies $ 135 $ 355 $ 180 Cost 185 105 265 177 Replacement cost 255 95 250 173 Costs to sell 36 8 28 16 Normal gross profit ratio 30% 30% 30% 20 In applying the lower of cost or market rule, the inventory of surgical equipment would be valued at: O $185 O $255 O $157 $239