PAS 10 PLEASE HELP ME

4. Entity A's inventories on December 31, 20x1 have a cost of P100,000 and a net realizable value of P80,000. Shortly after December 31, 20x1, but before the financial statements were authorized for issue, the inventories were sold for a net sale proceeds of P70,000. The correct valuation of Entity A's inventories in the December 31, financial statements is a 100,000 b. 80,000 c. 70,000 d. Any of these