Question: A Moving to another question will save this response. Question 3 Ultimate Value Corporation's inventory at December 31, 2021, was $316,000 based on a physical
A Moving to another question will save this response. Question 3 Ultimate Value Corporation's inventory at December 31, 2021, was $316,000 based on a physical count priced at cost, a Merchandise costing $30,000, shipped fo.b. shipping point from a vendor on December 30, 2021, was received on Merchandise costing $18,000, shipped f.o.b. destination from a vendor on December 28, 2021, was received on Jan Merchandise costing S30,000 was shipped to a customer f.o.b. destination on December 28, arrived at the customer Ultimate Value had merchandise costing $13,000 held on consignment at ABC Company Merchandise costing $6,000 was held on consignment for XYZ Company What amount should Ultimate Value Corporation report as inventory in its December 31, 2021, balance sheet? (Do not add dollar sign; do not add comma yourself to your amount; round the answer to the whole number) A Moving to another question will save this response
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