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In an anniwal audit of Bridecport Campany Limited, vou find that a plyasic al inveritory count on December 31 . 2003 shithaed merohandise of \$eds 5000 You alio discover that the followinht items wetre excluded from the 4445.000 . 1. Merchandise of 562,000 is held by Bridigeport on consignenent from Eon Blen Corporatian: merchandise was accepted by XY2 ondanusry 6,2026 3. Merchandise costing 545,500 was shipped to.by shipping point to ABC Combery on December 29. 2027 This rterchandiue. wak received by ABC on January 10,2024. 4. Merchandise costing 574,000 was shipged to.b. destinstion from Wholesaler inc to Bridgeport on December 30 , 2023 Bridgeport received the items on January 3,2024 . 5. Merchandise costing $51,300 was shipped by Distributor Ltd. tob. shipoing point on Becember 30.2023 , and reckived at Bridgeport's office on January 2.2024. 6. Bridgeport had excess inventory and incurred an additional 51560 in storage costs due to delayed shipment in tracextion (3) above. 7. Bridgeport incurred $2,080 for interest expense on imventory it purchased through delayed payment plans in ficel 2023 (a) Based on the information provided abowe, calculate the amount of inventory that should appear on Iridgeport's December 31. 20235FP