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hi PLEASE ANSWER THE M/C Marissa's Modes is a retail outlet for ladies' fashion goods. At the year-end inventory on 31/12/2019, Marissa's Modes found that

image text in transcribedhi PLEASE ANSWER THE M/C

Marissa's Modes is a retail outlet for ladies' fashion goods. At the year-end inventory on 31/12/2019, Marissa's Modes found that it had goods on hand that had cost $50,000, which it expects to sell in 2020 for approximately $125,000 in total. The inventory in the balance sheet as at 31/12/2019 would be valued at: Select one: $ 50,000 $ 25,000 none of the options is correct $125,000 $ 62,500

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