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Bonita Hat Shop received a shipment of hats for which it paid the wholesaler Ã‚Â£2,917. The price of the hats was Ã‚Â£2,940, but Bonita was given a Ã‚Â£23 cash discount and required to pay freight charges of Ã‚Â£76. In addition, Bonita paid Ã‚Â£131 to cover the travel expenses of an employee who negotiated the purchase of the hats. What amount will Bonita record for inventory?
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