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Paulson, Inc £600 £ 600 And Originally Retailed For £825 £ 825

Question 110

Multiple Choice

Paulson, Inc. has 5 computers which have been part of the inventory for over two years. Each computer cost £600 £ 600 and originally retailed for £825 £ 825 . At the statement date, each computer has a net realizable value of £350 £ 350 . What value should Paulson, Inc., have for the computers at the end of the year?


A) £1,250 £ 1,250 .
B) £1,750 £ 1,750 .
C) £3,000 £ 3,000 .
D) $4,125 \$ 4,125

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