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A home and garden equipment retailer acquires a used lawnmower tractor for $800. Additional costs in purchasing the lawnmower tractor for resale include $37 for

A home and garden equipment retailer acquires a used lawnmower tractor for $800. Additional costs in purchasing the lawnmower tractor for resale include $37 for transportation costs, $78 for ownership transfer fees and taxes, $16 for insurance during shipment, $21 for advertising, and $107 for sales staff salaries. Prior to placing the lawnmower for resale, they cleaned and refurbished it at a cost of $94. What is the inventory cost of the used lawnmower tractor acquired?

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