At the end of Year 2, DD Co. had 2 products of hockey sticks in inventory at the following costs: Whippy Whip - $5,000 and Rock Solid - 56,200. After the end of the season and some negative reviews regarding the Rock Solid stick, DD Co. investigated what the NRV (net realizable value of their products were. They discovered that for their remaining inventory they could realize $6,500 for the Whippy Whip and $2,500 for the Rock Solid. At what amount should The inventory be reported on the December 31, 2018 statement of financial position? Select one: a $11,200 Ob $12.700 Oc57.500 Od 59.000