Fad City sells novel clothes that are subject to a great deal of price volatility. A recent item that cost $2100 was marked up $12.60. marked down for a sale by $5.50 and then had a markdown cancellation of $3.40. The latest selling price is Multiple Choice $3150 $3154 53700 $26.50 Data related to the inventories of Costco Medical Supply are presented below. selling price Cost Costs to sell Surgical Equipment $ 262 167 21 Surgical Supplies $ 126 180 13 Rehab Equipment $ 351 264 33 Rehab Supplies $ 163 165 5 In applying the lower of cost or net realizable value rule, the Inventory of surgical equipment would be valued at Multiple Choice 5167 $160 $209 5214