Long plc has 90% of the ordinary voting shares of Short plc. The following is an extract from their statement

	Long	Short
Current assets
Inventory	540,000	250,000

You asceratin that included in the inventory of Short Ltd were items purchased from Long Ltd for $100,000

Which is the correct figure to appear in the consolidated statement of financial position as inventory?

a) $790,000

b)$770,000

c)$772,000

d)$765,000