Problem 2 Al Saffa Designs has inventory on hand amounting to RO 87,450 , before any adjustment at the end of 2022. The following items were not included in this inventory: 1. Purchased goods in transit costing RO 2,100, shipped FOB destination 2. Purchased goods in transit with cost of RO3,700, under terms FOB shipping point 3. Goods sold to Mr. Abdullah under terms FOB destination, cost is RO1,700 4. Goods held on consignment for Xavier Company at a sales price of $2,700, which included sales commission of 20% of sales price Required: Determine the value of inventory that Al Saffa Designs should report on its balance sheet at the end of the year 2022. Problem 2 Al Saffa Designs has inventory on hand amounting to RO 87,450 , before any adjustment at the end of 2022. The following items were not included in this inventory: 1. Purchased goods in transit costing RO 2,100, shipped FOB destination 2. Purchased goods in transit with cost of RO3,700, under terms FOB shipping point 3. Goods sold to Mr. Abdullah under terms FOB destination, cost is RO1,700 4. Goods held on consignment for Xavier Company at a sales price of $2,700, which included sales commission of 20% of sales price Required: Determine the value of inventory that Al Saffa Designs should report on its balance sheet at the end of the year 2022