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Tailgators' Inc. had an ending inventory of hammocks that cost $2,875. The hammocks had a replacement cost of $2,645, a net realizable value of $3,105,

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Tailgators' Inc. had an ending inventory of hammocks that cost $2,875. The hammocks had a replacement cost of $2,645, a net realizable value of $3,105, and a normal profit margin of $345. What is the final lower-of-cost-or-market inventory value for Tailgators' hammocks? $3,105 $2.875 $2,760 $2.300 $2,530 $2,645

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