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ABC Company purchases $ 5 0 , 0 0 0 of watches for their inventory. The watches must be stored carefully and storage for them

ABC Company purchases $50,000 of watches for their inventory. The watches must be stored carefully and storage for them while they are on their way to ABC Company costs $5,000. There are customs taxes of $10,000 but 20% of recoverable by a government grant. It is estimated that it will cost $2,500 to sell these watches. What is the increase in the value of inventory as a result of the transactions and costs to acquire the watches?

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