1.Purchased $22500 of inventory under terms 1/10 net/60. Transportation costs am

1.Purchased $22500 of inventory under terms 1/10 net/60. Transportation costs amounted to $400. The goods were delivered FOB shipping point. Bettino paid for the inventory within the discount period.2.Purchased $24000 of inventory under terms 2/10 net/30. Transportation costs amounted to $600. The goods were delivered FOB destination. Bettino paid for the inventory after the discount period had expired.3.Sold inventory that cost $48000 for $64000. Transportation costs for goods delivered to customers amounted to $2400. The goods were delivered FOB destination.Determine the balance in the Inventory account at the end of the accounting period.