On December 31, 2023, Jen & Mink Clothing (J&M) performed the inventory count and determined the year-end ending inventory value to be $78500. It is now January 8, 2024, and you have been asked to double-check the year-end inventory listing. J&M uses a perpetual inventory system. Note: Only relevant items are shown on the inventory listing. Jen & Mink Clothing Inventory Listing December 31, 2023 # Inventory Number Inventory Description Quantity (units) Unit Cost ($) Total Value ($) 1 7649