2-TB Insert Design Transitions File Home X Polling You are very Kantong's applications Chap 04 Part B inventory Dr. Kaveho Animations Slide Show Review View Help EndNote X9 x A A A E.EE Shape Fal Shape Outlina AV. A 2-A SE Shapes Arrange Ouide Styles Shape Effects Font Paragraph Drawing Paste Find Replace Select Clipboard Timelapsed Po Ouestion 1. Under AS 2 what should the Balance Sheet port for inventory a $7,000 b.58.500 57,600 d.59.000 Editing The following inventory information was taken from the records of Kleinfeld Inc.: Chat Saud from Hi Me from I hop Send Submit Your answer may be recorded. Historical cost Replacement cost Expected selling price Expected selling cost Normal profit margin $12,000 $ 7,000 $ 9,000 $ 500 10% of price MG