Compute the value at which inventory should be reported in financial statements if LCNRV rule is followed. By the end of the year the Co. A had 100 units in warehouse of X-Pro. Units are so far reported at total cost of $10,000. Recently fire broke out and damaged the outer casing of units. Engineers have confirmed that product can still fetch full selling price if the outer cover is replaced. Currently X-Pro is selling for $110 per unit and cost of repair is estimated to be $5 per unit. Additionally the entity will have to pay $2,000 in total towards the carriage cost to move repaired goods from workshop to warehouse.