The Taxpayer Is an Appliance Dealer and Has the Following

The taxpayer is an appliance dealer and has the following items of inventory on hand at the end of the year: $\begin{array}{lrrr}&&\text { Replacement }&\text {Expected Selling }\\\text { Item }& \text { Cost }&\text { Cost }& \text { Price }\\\hline20 \text { Big Screen TV's } & \$ 12,000 & \$ 14,000 & \$ 18,000 \\200 \text { DVD Players } & 20,000 & 16,000 & 18,000 \\100 \text { Stereo Systems } & 24,000 & 21,000 & 35,000\\&\$56,000&\$51,000&\$71,000\end{array}$ Under the lower-of-cost-or-market inventory method,the ending inventory value is:

A) $71,000.
B) $56,000.
C) $51,000.
D) $49,000.
E) None of these.