Question $33$

$1$ pts

Oriole inc. has following information for its finished goods at December $31,2025$:

Replacement value $,$$$7\mathrm{.}497$

Cost $$7,233$

Normal profit margin $10\%$

Expected selling price $$8,214$

Oriole's values its inventory using at the lower$-$of$-$cost$-$or$-$net$-$realizable value, which is $$6,160.$ What are the estimated selling costs used in making this determination?

$$2\mathrm{.}054$

$$1\mathrm{.}467$

$$2\mathrm{.}347$