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On July 1st more corporation purchased inventory for $21,000. The company paid $3000 in freight charges to have the inventory delivered to its shop and

On July 1st more corporation purchased inventory for $21,000. The company paid $3000 in freight charges to have the inventory delivered to its shop and 1800 to prepare the inventory for sale. After the inventory was prepped and ready to sell, more corporation paid $900 to market the inventory via television and Internet ads, and 350 to ensure the inventory for three months before it is sold.

What total amount will the company capitalize on its balance sheet for the inventory?

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