Exercise $6-2(5$tatic$)$ Inventory costs LO C$1$

Whiterg Russclales, antique dealers, purchased goods for $$75\mathrm{.}000.$ Terms of ne purchase were FOB shipphing poink, and the cost of transporting the goods to Whberg Associates's wowehouse was $$2,400.$ Waberg Astocistes insured he shipment at a cost of $$300.$ Pror to puring the goods up for sale, they cleaned and returtithed them at a coat of $5900.$

Determine the cost of Inventory.