Martha, Inc. had

$21$ comma $00021,000$

units of ending inventory that were recorded at the cost of

$ $6\mathrm{.}00$$$6\mathrm{.}00$

per unit using the FIFO method. The current replacement cost is

$ $4\mathrm{.}50$$$4\mathrm{.}50$

per unit. Which of the following amounts would be reported as ending Merchandise Inventory on the balance sheet using the

lowerminus$$ofminus$$costminus$$orminus$$market

$$rule$?$

Question content area bottom

Part $1$

A$.$$ $94$ comma $500$

$ $94$ comma $500$$$94,500$

B$.$$ $147$ comma $000$

$ $147$ comma $000$$$147,000$

C$.$$ $220$ comma $500$

$ $220$ comma $500$$$220,500$

D$.$$ $126$ comma $000$

$ $126$ comma $000$