When calculating inventory NRV $($net realizable value$)$value: you do not reduce it by the the inventory's costs, am I correct?

Ex$.$ Selling price $=$ $$35$

Completion and selling costs $=$ $$5$

Inventory's cost $=$ $$20$

What is the inventory's NRV $($net realizable value$)$ value?

Chegg answer previously provided:

You are incorrect. The net realizable value $($NRV$)$ of inventory is calculated by subtracting the estimated selling costs from the estimated selling price. Here's the breakdown:

Explanation:

Scenario:

Selling price $=$ $$35$

Completion and selling costs $=$ $$5($these are estimated costs associated with making the product ready for sale and selling it$)$

NRV Calculation:

NRV $=$ Selling price $-$ Completion and selling costs

NRV $=$ $$35-$ $$5=$ $$30$

Explanation:

The NRV represents the estimated amount of revenue you can realistically expect to receive after incurring the necessary costs to sell the inventory. In this case, even though the inventory cost is $$20,$ it's not relevant to the NRV calculation. The NRV focuses on the market value minus the selling costs, not the historical cost of the inventory.

So$,$ the inventory's NRV in this example is $$30..$

Clarification question: so$,$ it was meant to say that I was correct right?