The amount of raw materials inventory reported on the balance sheet at December 31, 2016 would be

i 3. Ibe ChvaWCorrration began busins on JMuary l, 2016. following 2 pixe during d'e yer (4ssunp all transactkms involve cash); 3.) 5.) 70 8.) Of capital from the OWnS, S4 Of raw Of materials. workers S 2.500. Pail S I for manufacturing overhex_ (Applied md xtual are the and 2.000 units of WIP Sou 1,500 uniB for $8 each. for urnunt raw invntory on the balmce Shet at Daanber 31 , 2016 would tx: