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Question 3 (1 point) Marchand Inc. is a fine wine dealer. At the end of the year, Marchand Inc. was holding the following three wines
Question 3 (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 310 Cost per unit $ 1200 Net realizable value per unit $ 3600 ws Chateau Beaucastel No. of Units 800 Cost per unit $ 50 Net realizable value per unit $ 135 Chateau PeePee du Chat No. of Units 1300 Cost per unit $ 80 Net realizable value per unit $ 30 How much would be shown on the statement of financial position as inventory at the end of the year? Your
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