Presented below is information related to Metlock Inc.'s inventory, assuming Metlock uses lower-of-LIFO cost-or- market. (per unit) Skis Boots Parkas Historical cost Selling price Cost to distribute $228.00 $127.20 254.40 174.00 22.80 9.60 243.60 126.00 38.40 34.80 $63.60 88.50 3.00 61.20 25.50 Current replacement cost Normal profit margin Determine the following: (a) The two limits to market value (ie, 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 Limit $ Floor Limits (b) The amount that should be used in the lower-of-cost-or-market comparison of boots. (Round answers to 2 decimal places, eg. 52.75.) (c) The amount that should be used to value parkas on the basis of the lower-of-cost-or-market. (Round answers to 2 decimal places, eg, 52.75.)