Which of the following statement are correct (i) Inventory includes raw materials, finished goods, and work in progress, (ii) Inventory is a part of the working capitaL (iii) Inventory includes goods likely to be purchased,

• A. (i), (ii), and (iii)
• B. (ii) and (iii)
• C. (i) and (iii)
• D. (i) and (ii)