Question 7 0.5 pts In the notes to its financial statements, Gilbert Company discloses a 400,000 reversal of an earlier writedown of inventory values, which increases this inventory's carrying value to 2,000,000. It is most likely that: the reasons for this reversal are also disclosed. O a gain of 400,000 appears on the income statement. O the net realizable value of this inventory is 2,000,000. No answer text provided