On $31/12/2020,$ ABC Company had inventory costing $$10000.$ The estimated selling price was $$10000,$ the estimated cost of completion was $$1000,$ and the estimated cost to make the sale was $$3000.$

Calculate the Net Realisable Value $($NRV$)$ for inventory on $31/12/2020.$

Question $3$Answer

a$.$

$6000$

b$.$

All answers are false

c$.$

$10000$

d$.$

$9000$

e$.$

$8000$