Question 5 y lion Related To... Che 2 pts Kim Co. has determined its year-end cost of its FIFO inventory to be $600,000. Information pertaining to that inventory is as follows: Selling price $ 720,000 Costs to sell 30,000 Normal profit margin 70,000 Replacement cost 610,000 What should be the reported value of Kim Co.'s inventory? 690.000 720,000 600,000 610.000