Exercise 6-2 Inventory costs C2 Walberg Associates, antique dealers, purchased the contents of an estate for $75,000. Terms of the pur chase were FOB shipping point, and the cost of transporting the goods to Walberg Associates's w was $2.400. Walberg Associates insured the shipment at a cost of $300. Prior to putting the goods u sale, they cleaned and refurbished them at a cost of $980. Determine t arehouse he cost of the inventory acquired from the estate