The December 31, 2017 inventory of Gwynn Company consisted of four products, for which certain information is provided below. Product Original Cost A $24.00 B $42.00 $120.00 D $19.00 Replacement Cost $22.00 $40.00 $115.00 $15.80 Estimated Expected Disposal Cost Selling Price $6.50 $40.00 $10.00 $48.00 $25.00 $190.00 $4.00 $26.00 Normal Profit on Sales 20% 25% 30% 10% Using the lower-of-cost-or-market approach applied on an individual-item basis, compute the inventory valuation that should be reported for each product on December 31, 2017. Product A $ 24 B $ 38 $ 117.5 D $ 16.8