The Garrett Corporation Uses the Lower-Of-Cost-Or-Market Method to Value Inventory

The Garrett Corporation uses the lower-of-cost-or-market method to value inventory. Data regarding the items in work-in-process inventory are presented below.

See information regarding the Garrett Corporation above. The inventory valuation for highlighters using the lower-of-cost-or-market method is

A) $25,600.
B) $29,200.
C) $31,800.
D) $30,000.