Oslo Corporation has the following product in its ending inventory, accounted for at the lower of cost or market. A profit margin of 20% on selling price is considered normal for the product Specific data with respect to the product follows: Product #1 Historical cost $ 40.00 Replacement cost 25.00 Estimated cost to dispose 12.00 Estimated selling price 50.00 In pricing its ending inventory using the lower-of-cost-or-market (LCM), what unit value should Oslo use for Product #1? $25.00 $28.00. $40.00 $38.00