You are advising Roger's Golf Stores on inventory values. You have the following information on inventory lines in the golf shop. Inventory item Number on hand Historic cost Current Net Realisable Replacement Cost Value Golf Balls 5,320 $3.20/ball $3.55/ball $4.80/ball Sets of Pingy clubs 27 $1,350/set $1,400/set $999/set Gloves 145 $13.00/glove $12.10/glove $18.00/glove Bags of tees 728 $5.50/bag $5.50/bag $9.00/bag MIG Buggies 21 $1,999/buggy $1,210/buggy $1,499/buggy What is the value of inventory of Roger's Golf Stores that is to be recognised in the financial statements as per AASB 102. Round your answer to the nearest cent if necessary