Windsor Company took a physical inventory on December 31 and determined that goods costing $191,500 were...

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Windsor Company took a physical inventory on December 31 and determined that goods costing $191,500 were on hand. Not included in the physical count were $24,510 of goods purchased from Pelzer Corporation, f.o.b. shipping point, and $21,620 of goods sold to Alvarez Company for $29,090, f.o.b. destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Windsor report as its December 31 inventory? December 31 inventory 194390 Windsor Company took a physical inventory on December 31 and determined that goods costing $191,500 were on hand. Not included in the physical count were $24,510 of goods purchased from Pelzer Corporation, f.o.b. shipping point, and $21,620 of goods sold to Alvarez Company for $29,090, f.o.b. destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Windsor report as its December 31 inventory? December 31 inventory 194390