Presented below is information related to Concord Inc's inventory, assuming Concord uses lower-of-LIFO cost-or-market. (per unit) Skis Boots Parkas Historical cost $209.00 $116.60 $58.30 Selling price 233.20 159.50 81.13 Cost to distribute 20.90 8.80 2.75 Current replacement cost 223.30 115.50 56.10 Normal profit margin 35.20 31.90 23.38 Determine the following (a) The two limits to market value (i.e. the ceiling and the floor) that should be used in the lower-of-cost-or-market computation for skis. (Round answers to 2 decimal places, eg. 52.75) Ceiling $ Floor $ (b) The cost amount that should be used in the lower-of-cost-or-market comparison of boots. (Round answer to 2 decimal places, eg 52.75) (c) The market amount that should be used to value parkas on the basis of the lower-of-cost-or-market. (Round answer to 2 decimal places, eg. 52.75) $