On August 15, 2023, Japan Ideas consigned 600 electronic play systems, costing $100 each, to Ivanhoe Toys Company. The cost of shipping the play systems amounted to $1,500 and was paid by Japan Ideas. On December 31, 2023, an account sales summary was received from the consignee, reporting that 420 play systems had been sold for $160 each. Remittance was made by the consignee for the amount due, after deducting a 20% commission. (a) Calculate the inventory value of the units unsold in the hands of the consignee at December 31,2023. Inventory value of the units unsold $ eTextbook and Media List of Accounts Attempts: unlimited