Question: ort -/1 ng 18 Question 9 View Policies Current Attempt in Progress Tamarisk, Inc. took a physical inventory on December 31 and determined that goods

 ort -/1 ng 18 Question 9 View Policies Current Attempt in

ort -/1 ng 18 Question 9 View Policies Current Attempt in Progress Tamarisk, Inc. took a physical inventory on December 31 and determined that goods costing $235,000 were on hand. Not included in the physical count were $27,400 of goods purchased from Pelzer Corporation, FOB shipping point, and $22,200 of goods sold to Alvarez Company for $31,400, FOB destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Tamarisk report as its December 31 inventory? Inventory, December 31 S ons eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Lator

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