An analyst gathers the following information about an electronics manufacturing company's inventory: Year 2: - Cost: €100,000 - Net realizable value: €105,000 Year 1: - Cost: €100,000 - Net realizable value: €97,000 As a result of the reversal of the write-down, the company's Year 2 financial statements should report a decrease in cost of sales of: | Chartered Financial Analyst Level 1 Quiz