Suppose That Badger's 2017 Ending Inventory,valued at Year-End Costs,was $143,000

Multiple Choice

Suppose that Badger's 2017 ending inventory,valued at year-end costs,was $143,000 and that the relative cost index for this inventory in 2017 was 1.10.In determining the inventory balance should Badger report in its 12/31/17 balance sheet:

A) An additional layer of $23,000 is added to the 1/1/17 balance.
B) An additional layer of $22,000 is added to the 1/1/17 balance.
C) An additional layer of $11,000 is added to the 1/1/17 balance.
D) None of the above is correct.