(a2) Nash Company's inventory of $1.177,500 at December 31, 2020, was based on a physical count of goods priced at cost and before any year-end adjustments relating to the following items, (a) Goods shipped from a vendor fo.b, shipping point on December 24, 2020, at an invoice cost of $65,030 to Nash Company were received on January 4, 2021 The physical count included $28,040 of goods billed to Sakic Corp. io.b. shipping point on December 31, 2020. The carrier picked up these goods on January 3, 2021. (b) What amount should Nash report as inventory on its balance sheet? Inventory to be reported $ eTextbook and Media Attempts: 0 of 3 used Submit Answer Save for Later