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5: All: Attempt 1 Next Page Question 5 (1 point) Page 5 of 5 One inventory item has a sales price of $26 and

5: All: Attempt 1 Next Page Question 5 (1 point) Page 5 of 5 One inventory item has a sales price of $26 and selling expenses of $7. The replacement cost of the item is $10 and the original cost was $24. If there are 2,000 units on hand, at what amount will inventory be recorded on the balance sheet? $20000 $24000 $38000 $52000 Next Pag Page 5 of 5

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