Which of the following amounts would be reported as the ending Merchandise Inventory on the balance sheet?

Misty, Inc. had 21 ,000 units of ending inventory that were recorded at the cost of $7.00 per unit using the FIFO method. The current replacement cost is $4.75 per unit. Which of the following amounts would be reported as Ending Merchandise Inventory on the balance sheet using the lower - of - cost - or - market rule? $168,000 $147,000 $246,750 $99,750 o o o o A. B. c. D.