Samson Company had the following balances and transactions during 2013. 
What would the company's Inventory amount be on the December 31, 2013 balance sheet if the perpetual average-costing method is used? (Answers are rounded to the nearest dollar.)
Definitions:
Gatterman-Koch Formylation
A chemical reaction that introduces an aldehyde group into aromatic compounds using carbon monoxide, hydrochloric acid, and a Lewis acid catalyst.
Anisole
An organic compound consisting of a methoxybenzene group; used as a precursor in the synthesis of perfumes, pharmaceuticals, and pesticides.
Reagents
Substances or compounds that are added to a system in order to bring about a chemical reaction or are involved in chemical reactions.
P-Methylanisole
An organic compound where a methyl group is attached to the para position of anisole, a methoxybenzene.
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