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You are reviewing the records for you business and the accounting department has given you the following Inventory schedule. Inventory Item Cost of Item Market

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You are reviewing the records for you business and the accounting department has given you the following Inventory schedule. Inventory Item Cost of Item Market Value A $4,500 $5,500 B 7050 6,350 6,300 6,300 D 4.400 4,650 E 8,550 9,400 F 9,450 9.200 When the financial statements are prepared and assuming the accounting department analyzes each item separately, the amount presented on the balance sheet in Inventory will be: B D E 1 2 3 Inventory 4 5 6 7 10

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