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2 pts Question 34 Carlton Company purchases $8,000 of inventory with shipping terms, FOB Portland. Carlton is based in Seattle and the supplier is based

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2 pts Question 34 Carlton Company purchases $8,000 of inventory with shipping terms, FOB Portland. Carlton is based in Seattle and the supplier is based in Portland. The shipping costs are $450. What is the cost of Carlton's inventory? There is not enough information to calculate inventory cost. $8,450 Either $8,000 or $8.450 is an acceptable amount to assign to inventory cost under GAAP. $8,000

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