Sam could not carry out a physical stock count on 31 December 2016. On 3 January 2017, some inventory was sold to Abdul for $11950$. Its cost price had been $9560$. On 4 January 2017, inventory was returned by Sita. It had originally been sold for $2390$. The cost price of this inventory was $1912$. Sam priced his inventory on 5 January 2017 at cost, $59750$. What was the inventory value on 31 December 2016?
- A$50190$
- B$52012$
- C$67398$
- D$69310$