Question: Revolution Hardware reported $ 4 7 5 , 0 0 0 of inventory on December 3 1 , 2 0 2 0 , based on

Revolution Hardware reported $ of inventory on December based on a physical count.
Additional information is as follows:
Included in the physical count were machines billed to a customer FOB shipping point on December These machines had a cost of $ and had been billed at $ The shipment was on Revolution's loading dock waiting to be picked up by the carrier.
Goods were in transit from a vendor to Revolution. The invoice cost was $ and the goods were shipped FOB shipping point on December
Work in process inventory not included in the physical count costing $ was sent to an outside processor for finishing on December
Goods out on consignment amounted to $sales price with shipping costs of $not included in sales price Markup is on cost
Required:
Compute the correct amount of December ending inventory for Revolution Hardware.
Round your intermediate calculation to nearest dollar.
$
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