Current Attempt in Progress Farley Bains, an auditor with Nolls CPAs, is performing a review of Waterway Company's Inventory account. Waterway did not have a good year, and top management is under pressure to boost reported income. According to its records, the inventory balance at year-end was $695,600. However, the following information was not considered when determining that amount Prepare a schedule to determine the correct inventory amount. (Show amounts that reduce inventory with a negative sign or parenthesis es.-45 or parentheses es. (45)) $ Ending inventory-as reported 1 Included in the company's count were goods with a cost of $ 211,700 that the company is holding on consignment. The goods belong to Nader Corporation 2 The physical count did not include goods purchased by Waterway with a cost of $40,640 that were shipped FOB shipping point on December 28 and did not arrive at Waterway's warehouse until January 3. 3. Included in the Inventory account was $16,200 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year. 4 The company received an order on December 29 that was boxed and was sitting on the loading dock awaiting pick-up on December 31. The shipper picked up the goods on January 1 and delivered them on January 6, The shipping terms were FOB shipping point. The goods had a selling price of