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Top Hat Shop received a shipment of hats for which it paid the wholesaler $2, 920. The price of the hats was $2, 950 but

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Top Hat Shop received a shipment of hats for which it paid the wholesaler $2, 920. The price of the hats was $2, 950 but Top was given a $30 cash discount and required to pay freight charges of S50. In addition, Top paid $130 to cover the travel expenses of an employee who negotiated the purchase of the hats. What amount will Top record for inventory

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