The closing inventory of Tang Pte Ltd as at 31 March 2014 has been included at the cost value of $23,800. This includes items which cost $8,760 but had been damaged. During April 2014, Tang Pte Ltd spent $1,050 to repair the damaged items and $980 as sales commissions and then sold them for $10,700. What should be the value of Tang Pte Ltds closing inventory at 31 March 2014?

Group of answer choices

$23,710

$32,470

$23,890

$31,800

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