A car dealer acquires a used car for $14,000, terms FOB shipping point. Additional costs in obtaining and offering the car for sale include $250 for transportation-in, $900 for import duties, $300 for insurance during shipment, $150 for advertising, and $1,250 for sales staff salaries. For computing inventory, what cost is assigned to the used car?

		Included In	Expensed
	Cost	Inventory Cost	as incurred
Cost	$14,000
Transportation-in	$250
Import duties	$900
Insurance during shipment	$300
Advertising	$150
Sales staff salaries	$1,250
Total	$16,850