Given the acquisition cost of product ALPHA is $20, the net realizable value for product ALPHA is $18, the normal profit for product ALPHA is $1.00, and the market value (replacement cost) for product ALPHA is $16, what is the proper per unit inventory value for product ALPHA if LCM is applied?

a)$17.00. b)$20.00. c) $16.00. d) $18.00.