Grace Inc. is a high fashion retailer. It purchased 1.200 units of Designer Shirt X for $600 each during 2019. The selling price during the year was $800 per unit. At year end, it had 200 units on hand; due to outdated style, the selling price will have to be reduced by 35% in order to sell them. The value of each unit of Designer Shirt X for the year-end inventory presentation should be Os520 $600 $800. $280. None of the above vious Page Next Page Page 41 of 53