Question: Question 40 (2 points) The Brimley Co.. counted and valued its inventory at year-end, and found $74350 worth. However, their accounting system showed that there

 Question 40 (2 points) The Brimley Co.. counted and valued its

Question 40 (2 points) The Brimley Co.. counted and valued its inventory at year-end, and found $74350 worth. However, their accounting system showed that there were two purchases that had not yet arrived. One had been shipped FOB destination, for $8275, and the other had been shipped FOB shipping point, for $6675. In addition, two sales made on the last day of the year would not have reached the customers. One, for $5495, was shipped FOB destination, and the other, for $3285, was shipped FOB shipping point. What is the company's correct inventory value

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