1. Gyro Corp. took a physical inventory at the end of the year and determined that $900,000 of goods were on hand. In addition, Gyro Corp. determined that $50,000 of purchases that were in transit that were shipped fo.b. destination point were actually received two days after the inventory count. In addition, Included in the Inventory count were $100,000 of consignment goods of jean Inc. What amount should Gyro Corp, report as Inventory at the end of the year? 900,000 950.000 800,000