The following balances have been extracted from the trial balance of GPI Manufacturers on $28$ February $2019$:

$1.$ Inventory on hand on $1$ March $2018$:

Finished good $($Completed goods$)$ R$18100$

Direct material R$14300$

Work$-$in$-$progress $($Unfinished goods$)$ R$8500$

$2.$ Purchases for the year:

Direct material R$115200$

$3.$ Inventory on hand on $28$ February $2019$:

Finished good $($Completed goods$)$ R$16300$

Direct material R$19500$

Work$-$in$-$progress $($Unfinished goods$)$ R$11800$

What is the amount that will be reflected as inventory on the Statement of Financial Position as at $28$ February $2019?$

A$.$ R$40900.$

B$.$ R$47600.$

C$.$ R$88500.$

D$.$ R$203700.$