Wolfe Company uses the lower-of-cost-or-market method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products A, B, C, and D. Relevant per unit data for these products appear below. Finished Desks 2020 catalog selling price FIFO cost per inventory list 12/31/20 Estimated cost to complete and sell 2021 catalog selling price A $45 47 5 50 B $48 45 11 54 C $90 83 26 90 D $105 96 20 120 Required: Using the lower-of-cost-or-market rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2020, for each of the inventory items above.