Jurlique Ltd is a wholesale distributor of glass vases to retail stores. All vases are identical. Details for January 2019 are shown below. January 1 8 9 28 31 Opening inventory Sales Purchases Sales Closing inventory 1,000 vases - cost $19 each 600 vases price $40 each 800 vases - cost $22 900 vases price $42 300 vases from the stock stake Additional information: 1. Transport from the supplier to Jurlique's warehouse costs $3 per vase. Transport from Jurlique to the retailer costs $2.50 per vase. 2. Nine of the vases on hand at 31 January 2019 are chipped and can only be sold at a discounted price of $4.99 each. Transport cost still applies. 3. Jurlique Ltd prepares monthly reports, uses the periodic inventory system, and applies the weighted average cost (WAC) method. Required: Calculate the value of total closing inventory at 31 January 2019 as provided for in AASB 102. Justify all assumptions and calculations