At Year-End, Dana Corporation Has 2,000 Units of Lolland, 2,000

Multiple Choice

At year-end, Dana Corporation has 2,000 units of Lolland, 2,000 units of Falster, and 3,000 units of Jultand in its ending inventory.Specific data with respect to each product follows: $\begin{array}{lrrr}&\text { Lolland }&\text { Falster } & \text { Jutland }\\\text { Historical cost } & € 55 & € 70 & € 98 \\\text { Net realizable value } & 48 & 77 & 94\end{array}$
What amount will Dana report for ending inventory using lower-of-cost-or-net realizable value?

A) $€ 518,000$ .
B) $€ 528,000$ .
C) $€ 544,000$ .
D) $€ 558,000$ .