ent of is inventory Use the following information to answer Inc. values questions 59-60. inventory, which on an M basis. The following data came from the 2017 consisted of two Original cost Item 130 tem 140 Selling price $12,000 $15,000 Estimated selling costs 15,000 Replacement cost 5,000 10,000 13,000 Normal profit margin 15,000 1,500 1,000 59. The appropriate carrying value for the entire when applying the LCM rule using net realizable value on an item-by-item basis would be $25,000 b) $26,000 c) $27,000 d) $28,000 app The value to the inventory as a whole would be realizable