Sandhill Inc. is a cell phone wholesaler. At the beginning of the year, it purchased 1190 units of the most recent android phone for $600 each. The selling price during the year was $800 per unit. At year end, it had 190 units on hand. Due to changes in technology, the selling price will have to be reduced by 35% in order to sell the remaining phones. What is the inventory value of the android phones at the end of the period? $74100 $114000 $98800 $39900