Garcel, inc. held unfinished inventory at a cost of $85,000 with a sales value of $125,000. the inventory will cost $10,500 to complete. the normal profit margin is 30% of sales. the replacement cost of the inventory was $75,000. if garcel uses the last-in, first-out method to determine inventory cost, what amount should garcel report as inventory on its balance sheet? a) $114,500 b) $85,000 c) $77,000 d) $10,500