For each of the following,calculate the cost of inventory reported on the balance sheet. 
Definitions:
White Knight
A person or company making a favorable investment in or purchase of a company as a strategic defense against a hostile takeover.
Tender Offer
A public, open offer or invitation by a prospective acquirer to all shareholders of a publicly traded corporation to tender their stock for sale at a specific price during a certain time.
Hostile Takeover
An acquisition attempt by one company of another that is resisted by the target company's management and board of directors.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another when entrusted with the care of money or property.
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