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Grossman Ltd., a retail store chain, had the following information in its general ledger for the year 2017: Merchandise purchased for resale$909,400 Interest on notes

Grossman Ltd., a retail store chain, had the following information in its general ledger for the year 2017:

Merchandise purchased for resale$909,400

Interest on notes payable to vendors for the purchase of inventory8,700

Purchase returns16,500

Freight-in22,000

Freight-out17,100

Cash discounts on purchases6,800

Storage costs incurred when warehouse became full8,300

Assume that Grossman Ltd. is a private company reporting under ASPE. What is Grossman's inventoriable cost for 2017?

how much is Inventoriable cost $

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