1. Naomi Company sells TVs. The perpetual inventory was stated as $32,700 on the books at December 31, 2020. At the close of the year, a new approach for compiling inventory was used and apparently a satisfactory cut-off for preparation of financial statements was not made. Some events that occurred are as follows: a. TV's shipped to a customer January 2, 2021 costing $2,000 were included in inventory at December 31, 2020. The sale was recorded in 2020. b. TV's costing $7,000 received December 30, 2020, were recorded as received on January 2, 2021. c. TV's received during 2020 costing $2,400 were recorded twice in the inventory account. d. TV's shipped to a customer December 28, 2020, f.o.b. destination, which cost $5,000, were not received by the customer until January, 2021. The TV's were not included in the ending inventory. e. TV's on hand that cost $2,100 were never recorded on the books. Required: Compute the correct inventory at December 31, 2020