On December 31, 2019, Cruise Company has 15,000 units of an inventory item, which cost $43 per unit when purchased on June 15, 2019. The selling price was $80 per unit. On December 30, 2019, it was determined that cost to sell was $47 per unit. At what amount should the 15,000 units of Inventory be reported at on the December 31, 2019 balance sheet? Multiple Choice $645.000 $1.200.000 $705.000 $495.000