Lawrence Supply, Inc. employs IFRS and uses the lower of cost or net realizable value rule on an item-by-item basis in pricing ending inventory on its balance sheet. The inventory at December 31, 2019 consists of one unit of Product A and one unit of Product B. Current per- unit data for these products are presented below. Product A Product B $100 80 Estimated selling price Historical cost Replacement cost Estimated selling expenses Normal profit $120 85 70 95 30 15 30 15 Required: For each of the two products shown above, use the lower of cost or net realizable value rule to determine the proper unit value at December 31, 2019 for reporting purposes. Assume the company employs IFRS (not U.S. GAAP). Showing work, use the space below for your answers