Marin Company manufactures desks. Most of the company's desks are standard models and are sold on the basis of catalog prices. At December 31, 2025, the following finished desks (10 desks in each category) appear in the company's inventory. Finished Desks 2025 catalog selling price FIFO cost per inventory list 12/31/25 Estimated cost to complete and sell 2026 catalog selling price Item A Item B Item C Item D $ $ A $ $48 $ 50 5 53 per unit per unit B per unit per unit $51 $95 48 The 2025 catalog was in effect through November 2025, and the 2026 catalog is effective as of December 1; catalog prices are net of the usual discounts. 12 At what amount should each of the four desks appear in the company's December 31, 2025, inventory, assuming that the company has adopted a lower-of-FIFO-cost-or-net realizable value (LCNRV) approach for valuation of inventories on an individual-item basis? C 57 88 28 95 D $111 102 21 127

Marin Compary manufactures desks. Most of the company's desks are standard models and are sold on the basis of catalog prices. At December 31, 2025, the following finished desks (10 desks in each category) appear in the company's inventory. The 2025 cataiog was in effect through November 2025, and the 2026 catalog is effectwe as of December 1 ; catalog prices are net of the usual discount At what amount should each of the four desks appear in the company's December 31,2025 , imventory assuming that the compary has adopted a lower-of FIFO-cost-or-net realirable value (LCNRV) approsch for valuation of inventories on an individual-item basis