Data related to the inventories of Kyra's Medical Supply are presented below:

	Surgical				Surgical				Rehab				Rehab
	Equipment				Supplies				Equipment				Supplies
Selling price	$	330			$	190			$	410			$	235
Cost		240				160				320				232
Replacement cost		310				150				305				228
Costs to sell		58				19				51				38
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:

a) 359 b) 150 c) 305 d) 405