Atkinson Auto Accessories is a wholesale distributor of automotive replacement parts. At the end of 2016, the firm took a physical count of its inventory and determined its cost to be

$ 1,165,000. Accounts payable as of that date were as follows:

Vendor Terms Amount

McEacharn Company net 30 $ 290,000

Boswell Enterprises net 30 185,000

Davis Distributing Inc. net 30 340,000

Lewis Manufacturing net 30 260,000

Roshto Corp. net 30 0

Weber Industrial net 30 0

$ 1,075,000

Sales in 2016 were $ 8.7 million. Additional information follows:

(A) Parts held on consignment from Boswell to Atkinson, the consignee, amounting to $ 235,000 were included in the physical count.

(B) $ 147,000 of parts that were purchased from Roshto and paid for in December 2016 were sold in the last week of 2016 and appropriately recorded as sales of $266,000. The parts were included in the physical count of the warehouse on 12/31/16 because they were on the loading dock waiting to be picked up by the customers.

(C) Parts in transit to customers on 12/31/16 shipped FOB shipping point on 12/28 amounted to $ 94,000. The parts were not included in Atkinsons 12/31/16 inventory. The customers received the parts on 1/6/17. Sales of $ 172,000 were recorded by Atkinson on 1/2/17.

(D) On 12/31/16, retailers were holding goods on consignment from Atkinson, the consignor, with a value of $ 325,000 at cost ($ 480,000 at retail). These goods were not included in Atkinsons ending inventory.

(E) Goods were in transit from Weber on 12/31/16. The cost of the goods was $91,000 and they were shipped FOB shipping point on 12/29/16.

(F) A quarterly freight bill for $ 11,000, specifically related to merchandise purchased from Davis in December 2016, was received on 1/3/17. All of the merchandise was still in inventory at 12/31/16. The freight bill was not included in either inventory or accounts payable at 12/31/16.

(G) On 12/28/16, Atkinson returned $ 47,000 of the purchase from McEacharn. No entry was made in the accounting records, pending receipt of a credit memo from McEacharn..

Using the above information, compute adjusted amounts for (a) inventory, (b) accounts payable and (c) sales.