Maple Leaf Company developed the following information about its inventories in applying the lower of cost and Net Realizable Value $($LC NRV$)$ basis in valuing inventories: Product Cost Net realizable Value A $ $80,000$ $ $75,000$ B $ $50,000$ $ $48,000$ C $ $100,000$ $ $102,000$ If the Company applies the LC NRV basis to the total inventory, the value of the inventory reported on the balance sheet would be: $($A$)$ $$227,000.($B$)$ $$230,000.($C$)$ $$225,000.($D$)$ $$218,000.($E$)$ None of the above.