On 31/12/2013, the cost of inventory was 60000, and the Fair value (estimated selling price) was 57000, and cost to make to sell was 5000 On 31/12/2013, the cost of inventory was 50000, and the Fair value (estimated selling price) was 62000, and cost to make to sell was 4000. On 31/12/2013 the company recognized Select one: a 8000 write-down of inventory b. 3000 recovery of write down of inventory C. 8000 recovery of write-down of inventory d. 3000 write-down of inventory