A Company's Normal Selling Price for Its Product Is $20

A company's normal selling price for its product is $20 per unit.However,due to market competition,the selling price has fallen to $15 per unit.This company's current inventory consists of 200 units purchased at $16 per unit.Replacement cost has fallen to $13 per unit.Calculate the value of this company's inventory at the lower of cost or market.

A) $2,550.
B) $2,600.
C) $2,700.
D) $3,000.
E) $3,200.