Answer:
the value associated with the inventory is $2,134
Explanation:
The computation of the value associated with the inventory is shown below
= Purchase value of the inventory - discount allowed
= $2,200 - $2,200 × 3%
= $2,200 - $66
= $2,134
hence, the value associated with the inventory is $2,134
We simply applied the above formula so that the correct value could come
And, the same is to be considered