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Question 1 7 Not yet answered Flag questionQuestion textCamp Limited is a distributor of camping equipment. The financial year end of the company is 3

Question 17Not yet answered Flag questionQuestion textCamp Limited is a distributor of camping equipment. The financial year end of the company is 31 December. During the financial year ended 31 December 2023, Camp Limited placed an order for camping equipment to the value of $400000 with a USA company on credit. Details of the order are as follows:Order placed 01 July 2023Goods delivered FOB (Shipment)01 September 2023Goods received in store 01 October 2023Payment date 31 January 2024 The following foreign exchange rates are applicable Spot rate2023 $ = R101 July 1=5.6201 September 1=5.4601 October 1=5.2531 December 1=5.12202431 January 1=5.20 The following costs relating to inventory were paid in cash: RandHandling and transport costs 32000Import duty 12000 The inventory was still unsold as at 31 January 2024.YOU ARE REQUIRED TO:The cost of inventory acquired............. Question 17 Answera.(a) R2841000b.(a) R2228000c.(a) R2184000d.None of the answers provided is correct

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