Amano Inc. resells live shrimp. On March 31^st, 2019, Amano Inc. purchases $30,000 worth of shrimp from Cherry Co. Amano Inc. pays $2,000 for the import license, and $500 to the agent that brokered the purchase. Cherry Co. paid for the $3,000 shipping fees for the shrimp. When the shrimp arrived at Amano Inc., Amano expended $2,000 in labor costs in order to unpack the shrimp and set them up in their tanks to be ready for sale. What value should Amano Inc. recognize for this purchase of inventory?

a. $30,000

b. $32,500

c. $34,500

d. $35,500