Brief Exercise 9-4 Presented below is information related to Ivanhoe Inc.'s inventory, assuming Ivanhoe uses lower-of-LIFO cost-or-market. (per unit) Skis Boots Parkas Historical cost Selling price Cost to distribute Current replacement cost Normal profit margin $269.80 301.04 26.98 288.26 45.44 $150.52 205.90 11.36 149.10 41.18 $75.26 104.73 3.55 72.42 30.18 Determine the following: (a) The two limits to market value (i.e., the ceiling and the floor) that should be used in the lower-of-cost-or-market computation for skis. Ceiling Limitc Floor Limit (b) The cost amount that should be used in the lower-of-cost-or-market comparison of boots. The cost amount s (c) The market amount that should be used to value parkas on the basis of the lower-of-cost-or-market. The market amount