To calculate the value of the inventory that was stolen, we need to determine the cost of goods sold (COGS) for the year.

COGS = Initial Inventory + Purchases - Ending Inventory

Let's calculate the ending inventory first:

Ending Inventory = Initial Inventory + Purchases - Sales - Delivery of Inventory Purchased
= 450,000 + 7,200,000 - 8,270,000 - 45,000
= 330,000

Now, we can calculate the COGS:

COGS = Initial Inventory + Purchases - Ending Inventory
= 450,000 + 7,200,000 - 330,000
= 7,320,000

The value of the stolen inventory is not explicitly provided in the given information. If we assume that the stolen inventory is part of the COGS, we can consider it as a reduction in the COGS. Therefore, the value of the stolen inventory would be subtracted from the calculated COGS:

Value of Stolen Inventory = COGS - Debtors Allowances
= 7,320,000 - 270,000
= 7,050,000

So, the value of the inventory that was stolen is 7,050,000.