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The selling price of inventory of Company Epsilon at 31 March is 175,000. The company marks up its goods by 30%. One-third of the inventory

The selling price of inventory of Company Epsilon at 31 March is 175,000. The company marks up its goods by 30%. One-third of the inventory has been damaged in a flood and will be sold for 20,000. Which of the following will be the correct value for closing inventory at 31 March in the Statement of Financial Position?

A. 109,743

B. 24,872

C. 134,615

D. 44,872 D. 134,615

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