Presented below is information related to Swifty Inc.’s inventory, assuming Swifty uses lower-of-LIFO cost-or-market.(per unit) Skis Boots ParkasHistorical cost $201.40 $112.36 $56.18Selling price 224.72 153.70 78.18Cost to distribute 20.14 8.48 2.65Current replacement cost 215.18 111.30 54.06Normal profit margin 33.92 30.74 22.53Determine the following:(a) The two limits to market value (i. e., the ceiling and the floor) that should be used in the lower-of-cost-or-market computation for skis. (Round answers to 2 decimal places, e. g. 52.75.)Ceiling Limit $enter a dollar amountFloor Limit $enter a dollar amount(b) The amount that should be used in the lower-of-cost-or-market comparison of boots. (Round answers to 2 decimal places, e. g. 52.75.)(c) The amount that should be used to value parkas on the basis of the lower-of-cost-or-market. (Round answers to 2 decimal places, e. g. 52.75.)