Use the following information to answer questions 1, 2, and 3 Data related to the inventories of Jayuya Medical Supply are presented below: Surgical Equipment

Surgical Supplies

Rehab Equipment

Rehab Supplies Selling price $260 $100 $340 $165 Cost 170 90 250 162 Costs to sell 30 15 25 10 1. In applying the lower of cost and net realizable value rule, the inventory of surgical equipment would be valued at: 2. In applying the lower of cost and net realizable value rule, the inventory of surgical supplies would be valued at:

3. In applying the lower of cost and net realizable value rule, the inventory of rehab equipment would be valued at: 4. In applying the lower of cost and net realizable value rule, the inventory of rehab supplies would be valued at: