At the end of 2022, the entity has in stock some telephone sets that it has purchased at an average price of 70,000 ALL plus a non-refundable tax of 10% plus VAT refundable 20%. The estimated sale price of them on this date was 84,000 ALL and the sales tax that the entity would pay was 10%. Meanwhile the entity has entered into a contract for the sale of telephone sets for 80,000 including 10% tax. The inventory value on the balance sheet for a telephone set will be: a) 70,000 b) 77,000 c) 91,000 d) 75,600 e) 72,000 Record the adjusted journal entry at the end of the year.