The cost is still $50, and the cost to prepare it for sale is $20, so the net realizable value is $45 ($115 market value - $50 cost - $20 completion cost). Since the net realizable value of $45 is lower than the cost of $50, you should record a loss of $5 on the inventory item, thereby reducing its recorded cost to $45.
Scenes in Art. The Nile River often influenced the content of Egyptian art. A boat with many oars was a common scene in Predynastic art, but scenes involving hunting or vegetation along the Nile were depicted in art across many periods.
[view]. European Influence on the Ottoman Empire and Egypt During the 18th and Early 19th Centuries-From the 18th century through the beginning of the 19th century, European influence was a significant force in various aspects of the Ottoman Empire, Egypt, and Iran.