Exercise 35 Your answer is correct. In an annual audit of Bramble Company Limited, you nd that a physical inventory count on December 31, 2017. showed merchandise of $446,000. You also discover that the following items were excluded from the $446,000. 1 2 (a) Merchandise of $60,100 is held by Bramble on consignment from BonBon Corporation. Merchandise costing $33,200 was shipped by Bramble f.o.b. destination to XYZ Ltd. on December 31, 201?. This merchandise was accepted by XYZ on January 6, 201B. Merchandise costing $46,000 was shipped f.o.b. shipping point to ABC Company on December 29. 2017. This merchandise was received by ABC enjanuary 10, 2018. Merchandise costing $?2,700 was shipped f.o.b. destination from Wholesaler Inc. to Bramble on December 30, 201?. Bramble received the items onjanuary 3. 2013. Merchandise costing $50,500 was shipped by Distributor Ltd. f.o.b. shipping point on December 30, 2017. and received at Bramble's ofce on January 2. 2018. Bramble had excess inventory and incurred an additional $1,420 in storage costs due to delayed shipment in transaction (3) above. Bramble incurred $2,090 for interest expense on inventory it purchased through delayed payment plans in scal 2017. Based on the information provided above, calculate the amount of inventory that should appear on Bramble's December 31, 201? balance sheet. Amount of inventory $ I 529?00