The problem is written in the photo below:

. The information provided below is for an item in Harris Corporation's inventory at yearend. Historical cost 125,000 Estimated selling price 150,000 Estimated completion cost 10,000 Sale's agent commission 20% of selling price Transportation cost to customer 5,000 Replacement cost 130,000 What should be the value of this inventory item in the company's nancial statements? a. P130,0D0 c. P110,0{}0 b. P125,000 cl. P105,000