Data related to the inventories of Kimzey Medical Supply are presented below: Surgical Equipment $335 245 Surgical Supplies $195 165 Rehab Equipment $415 325 Selling price Cost Replacement cost Costs to sell Normal gross profit ratio Rehab Supplies $240 237 233 40 20% 315 155 310 60 30% 20 30% 52 30% In applying the lower of cost or market rule, the inventory of rehab equipment would be valued at: Multiple Choice $363. O O $310. $150. Multiple Choice $363. $310. $150. $372