B. Massy Estate, a subsidiary of Hollywood Estate had the following inventory items at the end of its financial year 30 September 2021: Units Cost per Unit ($) Raw materials 5 000 25 Work in progress 2 000 30 Finished goods 1 000 35 Finished items usually sell for $50 per unit. However, water damage caused by improper storage of inventory will mean that 300 units of finished goods will be sold at 60% of the normal selling price less costs to sell of $5 per item. Required: In accordance with IAS 2 Inventories, at what amount should inventories be stated in the statement of financial position of Massy Estate at 30 September 2021. Complete the schedule provided