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Pharoah Company developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(LCNRV) basis in...

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Accounting

Pharoah Company developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(LCNRV) basis in valuing inventories:

Product Cost Market

A $141000. $149000

B 99000 94000

C 198000 201000

After Pharoah Company applies the LCNRV rule, the value of the inventory reported on the balance sheet would be

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