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Inventory that originally cost $12400 was written down to its net realizable value of $10600 at the end of 2021. At the end of 2022,

Inventory that originally cost $12400 was written down to its net realizable value of $10600 at the end of 2021. At the end of 2022, the net realizable value is determined to be $12900. At what amount should the inventory be reported on the December 31, 2022 statement of financial position?

$12900

$12400

$10600

$10900

Please show calculations if necessary

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