Page No. Date (6) On 30 september 2014, Razor's closing inventory was counted and valved at its cast of Tas I million inventory which had cost demaged Some item T2s 210,000 Gad been in a flood Con is september 2014) and are achieve their normal selling price not expected to which is calculated to 30% The an agent achieve a gross profit margin sale of these good will be handled by sells them at 80% of the normal who Selling price and changes Required Razor a commission 25% Razor At what valve will the closing inventory of be reported in its statement financial position as at 30 september 2014?