2 Mogul Company ships inventory to Ski Outfit in a consignment arrangement. The arrangement specifies that Ski Outfit will attempt to sell the inventory, and in return, Mogul will pay to Ski Outfit a 25% sales commission on any inventory sold. During the year, Mogul ships inventory with a cost of $112,500 to Ski Outfit. By the end of the year, $86,000 of the inventory has been sold to customers for a total of $118,800. What amount of inventory will Mogul report at year end? Multiple Choice $0 $6,300 $28,125 $26,500