Auto's Body Shop had the following costs associated with new inventory purchases for the month of January: New inventory purchases $6,000 Shipping costs incurred $724 Purchase discounts taken $200 . If the beginning balance in the inventory account is a $1,000 debit, what is the new balance in the inventory account after considering the new purchases? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123. you would only input: 24123