At year-end, Dana Corporation has 4,000 units of Lolland, 4,000 units of Falster, and 6,000 units of Jutland in its ending inventory. Specific data with respect to each product follows:
Lolland, Historical cost €55, Net realizable value €48
Falster, Historical cost €70, Net realizable value €77
Jutland, Historical cost ,€98, Net realizable value €94
What amount will Dana report for ending inventory using lower-of-cost-or-net realizable value?
A. €1,036,000.
B. €1,056,000.
C. €1,088,000.
D. €1,116,000.