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Question 10 (1 point) Marchand Inc. is a fine wine dealer. At the end of the year, Marchand Inc. was holding the following three wines
Question 10 (1 point) Marchand Inc. is a fine wine dealer. At the end of the year, Marchand Inc. was holding the following three wines in its inventory. Chateau Petrus No of Units 220 Cost per unit $ 1600 Net realizable value per unit $ 3800 Chateau Beaucastel No. of Units 900 Cost per unit $ 110 Net realizable value per unit $ 145 Chateau PeePee du Chat No. of Units 1200 Cost per unit $ 70 Net realizable value per unit $ 40 How much would be shown on the statement of financial position as inventory at the end of the year? Your
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