Karl's Keychain Company Produces Keychains That Sell in Its Stores

Multiple Choice

Karl's Keychain Company produces keychains that sell in its stores for $1 each. On January 1, 2015, the company had inventory of 10,000 keychains. During 2015, the company produced 900,000 keychains. At the end of the business year on December 31, 2015, the company's inventory of keychains was 8,000. What was the value of Karl's inventory investment in 2015?

A) $8,000
B) -$2,000
C) $18,000
D) $898,000