Cody Banks Ltd bought 30 laptops on the 8 January 2012 at a cost of $1 200 each. The laptops are sold for $1 800 each to the public. At the end of the financial year on 30 June 2012, there are still 6 laptops that have not been sold. Due to changing technology, by the end of the year these laptops can now be sold on the market for only $750 each. What is the value of the Inventory in the Balance Sheet as at 30 June 2012 ?

$4 500

$7 200

$10 800

$2 700

$6 300