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

Surgical Equipment Surgical Supplies Rehab Equipment Rehab Supplies

Selling price

$ 280 $ 140 $ 360 $185

Cost

$190 $110 $270 $182

Replacement cost

$260 $100 $255 $178

Costs to sell

$38 $9 $41 $18

Normal gross profit ratio

20% 20% 20% 30%

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

Multiple Choice

$255.

$150.

$319.

$253.