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Epo Company had the following inventory items on 12/31/xx Goods for sale in the store of another retailer on consignment from Epo Company that had

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Epo Company had the following inventory items on 12/31/xx Goods for sale in the store of another retailer on consignment from Epo Company that had a cost of $3,200. Goods in the store of Epo Company placed on consignment from another company with a cost of $2,800. Goods owned by Epo Company that cost $3,200 have been damaged by water. The goods can be sold for $3,600 if $2,400 is spent cleaning and repairing them. How much of the above items should be included in the company's inventory on the December 31 Balance Sheet

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