After a year-end stock take, closing inventory for CB Ltd at 2018 December 31, was valued at $243 510. It was discovered that this included $2 410 for items accidentally destroyed on 2019 January 03 and $1 540, related to the cost of damaged inventory which can be reworked at a cost of $200 and can then be sold for $1 230. Calculate the value of closing inventory to be reported in the financial statement of CB (5 marks) Ltd, for year ended 2018 December 31.