Cedar city uses the purchases method for recording its inventory of supplies in the General Fund. Rather than using a perpetual inventory system, inventories are updated at year-end based

on a physical count.Physical inventories were $20,000 and $60,000 at December 31, 2020 and 2021, respectively. Purchase of inventory during 2021 was $150,000. The amount of expenditure

related to inventory for year 2021 will be: