Horlogia holds an inventory of diving watches with a cost of 64,000, reduced at the end of 20X1 to 52,000. At the end of 20X2, the watches are still in inventory and the rise in market prices brings their net realisable value to 60,000. Record the entry at the end of 20X2.
- Cost of the watches
- 64,000
- Carrying amount after the 20X1 write-down
- 52,000
- Net realisable value at the end of 20X2
- 60,000