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Costs of $ 1 1 , 0 0 0 were incurred to acquire goods and make them ready for sale. The goods were shipped to

Costs of $11,000 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shipping point) for a cost of $800. Additional necessary costs of $1,600 were incurred to acquire the goods. No other incentives or discounts were available. What is the buyers total cost of merchandise inventory?

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