22 The Constance Corporation's inventory at December 31, 2021, was $128,000 (at cost) based on a physical count of inventory on hand. No adjustments have been made for the following: ed out of ag tion Merchandise costing $18,000, shipped f.o.b. shipping point from a vendor on December 27, 2021, was received by Constance on January 5, 2022. Merchandise costing $48,000 was shipped to a customer f.o.b. shipping point on December 28, 2021, arrived at the customer's location on January 6, 2022. Merchandise costing $24,000 was being held by Jess Company on consignment from Constance. What amount should Constance Corporation report as inventory in its December 31, 2021, balance sheet? Select one: A. $146,000. B. $163,700. C. $122,000. D. $170,000