Topp Hat Shop received a shipment of hats for which it paid the wholesaler $2,940. The price of the hats was $3,000, but Topp was given a $60 cash discount and required to pay freight charges of $95. In addi- tion, Topp paid $100 to cover the travel expenses of an employee who negotiated the purchase of the hats. What amount should Topp include in inventory? Why?