A Group of Entities Comprised of Kerri Limited (Parent Entity)

Multiple Choice

A group of entities comprised of Kerri Limited (parent entity) , Georgia Limited (subsidiary entity) and Emily Limited (subsidiary entity) have the following inventories balances.

Which of the following amounts is shown as the consolidated inventories balance in the consolidated financial statements?

A) $12 000.
B) $14 000.
C) $26 000.
D) $67 000.