4. Fast Dyving Lane Sdn. Bhd is a company that involves in buying, reconditioning and selling used luxury boats. Boat XX and Boat XY are the main products being marketed by the company. As at 31 March 2019, the company provides the following information: Additional information: (i) The company is required to pay custom duties to the custom authorities for the imported boat. The custom duties for boats XX and boat XY are RM31,000 and 27,300 . (ii) The reconditioning cost for boat XX and boat XY are RM36,000 and RM25,800. The cost incurred by the company isto repair any damaged part of the boat and return it to a good condition. (iii) Salesman commission paid for boat XX and boat XY are RM51,000 and RM60,000 (iv) In order to enhance the business sales, the company advertised its high-quality used boats. The marketing cost incurred by the company for boat XX and boat XY are RM72,000 and RM85,000. Required: (a) Determine the value of inventory to be reported in the Statement of Financial Position as at 31March 2019. (Show all workings). (10 marks)