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Please answer correct with calculation / Reason Q3. Kitchener Ltd purchased a large quantity of special paper for $10,000. It then spent an additional $500

Please answer correct with calculation / Reason

Q3.

Kitchener Ltd purchased a large quantity of special paper for $10,000. It then spent an additional $500 to bind the paper into booklets, which it can sell. for $12,000 in total. Recentlry, Kitchener considered adding a decorative cover to the booklets and then sell them for $14,000 in total. The cost of adding the additional cover is $1,700. Which amounts are relevant to the decision?

1) All amounts in the questions. are relevant.

2) $10,000, $500, $1700 and $14000

3) $1700, $12000 and $14000

4) $10,000,$500,$12,000 and $14,000

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