At its 31 Dec X9 financial year end, a company holds an item of inventory with a cost price to date of 4,000. Further costs of 800 are anticipated in the next financial year in order to finalise the item so that it's ready for sale. The estimated selling price is 4,600 and expected selling costs are 100. According to IAS 2, what is the value of inventory at 31 Dec X9?

A. 4,000

B. 3,700

C. 4,500

D. 4,800