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

	Surgical				Surgical				Rehab				Rehab
	Equipment				Supplies				Equipment				Supplies
Selling price	$	270			$	130			$	350			$	175
Cost		180				100				260				172
Replacement cost		250				90				245				168
Costs to sell		34				7				39				14
Normal gross profit ratio		40	%			40	%			40	%			40	%

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

Multiple Choice

$311.

$309.

$245.

$150.