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ULIT Dels Inc. sells three different products. The following information is available on December 31: Inventory Item Units Cost per unit Market value per unit

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ULIT Dels Inc. sells three different products. The following information is available on December 31: Inventory Item Units Cost per unit Market value per unit 360 $4.80 $4.00 Y 720 $2.00 $2.00 z 1800 $4.00 $5.00 After applying the lower-of-cost-or-net-realizable-value rule to each item, what will Splish total ending inventory balance be? $10080 $10368 O $10080 O $12240

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