Forest Company has five products in its inventory. Information about the December 31, 2021, inventory follows.

Product	Quantity	Unit Cost	Unit Replacement Cost	Unit Selling Price
A	1,000	$10	$12	$16
B	800	$15	$11	$18
C	600	$3	$2	$8
D	200	$7	$4	$6
E	600	$14	$12	$13

The cost to sell for each product consists of a 15 percent sales commission. The normal profit for each product is 40 percent of the selling price. The carrying value of inventory at December 31, 2021, assuming the lower of cost or market (LCM) rule is applied to individual products would be:

A)28,030

B)28,000

C)27,530

D)26,400