Pharoah Inc. is a wholesaler of electronics. It purchased 1800 units of Product X for $1200 each during 2022. The selling price during the year was $1400 per unit. At year end, it had 200 units on hand and due to changes in technology, the selling price will have to be reduced by 35% in order to sell them. The value of each unit of ProductX for the year-end inventory presentation should be O $490. O $1200. $910. $1400