A Company Decides to Close Down Its Plastics Division

Multiple Choice

A company decides to close down its plastics division.It has on hand 20 tons of styrene monomer,a raw material that has a market price of $700 per ton,which had been originally purchased at $650 per ton.Given that the company has no use for the styrene monomer,and that it would cost the company $5000 to store it,what is the value of the 20 tons of styrene monomer to the company?

A) -$5000
B) $0
C) $13,000
D) $14,000
E) $19,000