4 Inventory had been valued at a cost of $11400. However, it included several damaged items which had a selling price of $840. All goods are sold with a mark-up of 50%. The damaged items could be sold but would require repairs costing $360. REQUIRED (a) Calculate the amount to be recorded in the income statement for the year ended 31 December 2018 for each of the following items. (i) General eynonser