Gel Shell makes gel nail polish, which they sell for $18/bottle. Gel Shell has the following costs

Gel Shell's Costs

Type of Cost	Amount
Direct Materials	$2/unit
Direct Labor	$3/unit
Variable Overhead	$4/unit
Fixed Overhead	$800,000/year
Variable sales and administrative	$1/unit
Fixed sales and administrative	$80,000/year

In the current year, Gel Shell produced 160,000 bottles of nail polish and sold $170,000 bottles of nail polish. The ended the year with 30,000 unsold bottles of nail polish.

Did Gel Shell's inventory balance increase or decrease compared to last year?

Group of answer choices

No answer text provided.

increase

No answer text provided.

decrease

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