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Yarn Imports Corp. is preparing an inventory listing, and is assigning a cost to inventory that arrived on December 2 9 , two days before

Yarn Imports Corp. is preparing an inventory listing, and is assigning a cost to inventory that arrived on December 29, two days before the end of the year. The following elements of potential cost have been identified:
Invoice price the amount was prepaid when the goods were ordered because the supplier offered a 5%.
discount for payment up front. Goods were custom-manufactured for Yarn after the order date.
The invoice price was for $68,800, less 5%
HST on invoice price, $9,804
Interest on borrowed money between the time the deposit was paid and the goods were delivered, $570
Delivery charges, paid by the supplier, $1,980
Required:
Calculate the value to include in inventory of Yarn Imports Corp.

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