A company has three inventory items with the following details: | ITEM | COST PRICE $| NET REALISABLE VALUE$ | | --- | ---: | ---: | | Shoes | 5 000 | 3 500 | | Jackets | 7 000 | 8 000 | | Skirts | 6 000 | 4 000 | What is the total value of inventory?

A$14 500

B$15 500

C$18 000

D$19 000

ZIMSEC Accounting 6001/1 Paper 1 (Multiple Choice), November 2022, Q15

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