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.
They made art for gods, kings and queens, and for the dead in their tombs. Their beliefs and religion were often drawn on paintings like their predictions of what the afterlife was like, or pictures of gods doing certain things. Egyptian art was very delicate and beautiful.