The company’s year-end is 31 December. On that date, its inventory records indicated 600 units of inventory at a cost of $\$10$ per unit. On 31 December, a fire completely destroyed 100 units and left another 50 units damaged. Repairing these would cost $\$7$ per unit. No adjustment had been made to the inventory records for the fire. The selling price is $\$15$ per unit. What inventory value should be shown in the financial statements at 31 December?
- A$\$4500$
- B$\$4850$
- C$\$4900$
- D$\$5400$