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According to the January 31,2024 , physical inventory count, Bonita Company has $24570 in inventory on hand at year end, In addition, at year end

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According to the January 31,2024 , physical inventory count, Bonita Company has $24570 in inventory on hand at year end, In addition, at year end the company has $1120 of merchandise in transit purchased from a supplier and shipped FOB destination. Included in the physical inventory count was $820 of goods held on consignment for a local manufacturer. How much inventory should be reported on the company's January 31, 2024, balance sheet

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