Inventory revaluation reserve

Zyang Toh (1 Points)

19 October 2019  

Dear Sir/Madam

I currently have a question about inventory.

So for now my current value of inventory is $1000 but my cost of this inventory is just $800. This $200 where should it go? 

I understand that inventory should be record lower cost or NRV only, but for this case is it possible to have Inventory revaluation reserve? or I can just ignore it?