If the cost of an item of inventory is $95, the current selling price is $135, and the current replacement cost is $80, the amount shown in inventory on the balance sheet based on the LCM rule is:

Type the correct answer in the box. use numerals instead of words. if necessary, use / for the fraction bar.a city water tank holds 20 gallons of water. a technician empties 25% of the tank. how many more gallons of water must be removed from thetank so that it has 5 of the water that it started with: the technician must removemore gallons of water for the tank to have 5 of the water that it started with.