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2. A car dealer purchased a used car for $16,000, terms FOB shipping point. Additional costs in offering the car for sale include $300

2. A car dealer purchased a used car for $16,000, terms FOB shipping point. Additional costs in offering the car for sale include $300 for transportation-in, $1000 for import duties, $400 for insurance during shipment, $200 for advertising and $1500 for sales staff salaries. For computing inventory, what cost should be assigned to the used car? (5 points)

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