Lenny's Llamas purchased $1,500$ llamas on January $1,2015.$ These llamas will be

sheared semiannually and their wool sold to specialty clothing manufacturers. The

Ilamas were purchased for $$222,000.$ During $2015$ the change in fair value due to

growth and price changes is $$14,100,$ the wool harvested but not yet sold is valued

at net realizable value of $$27,000,$ and the change in fair value due to harvest is

$($$$1,750).$ What is the value of the llamas on Lenny's Llamas statement of financial

position on June $30,2015?$

a$.$ $$234,350$

$-$b$.$ $$222,000$

$-$c$.$ $$220,250$

$-$d$.$ $$193,250$

Answer : $222,000+14,100-1\mathrm{.}750$