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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 $4,300 $5,450 B 7,200 6,550 6,500 6,500 4,150 4,850 E 8,300 9,400 F 9,250 9,200 D 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: A B D E 1 2 3 Inventory 4 5 6 7 8 9 10

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