Bramble Corp. sold $132000 of goods and accepted the customer's $132000 9%, 1 year note in exchange. Assuming 9% approximates the market rate of return, how much interest would be recorded for the year ending December 31 if the sale was made on June 30 $5940. $11880 $2970 $0. Bramble Inc. took a physical inventory at the end of the year and determined that $786000 of goods were on hand. In addition, Bramble, Inc. determined that $58000 of goods that were in transit that were shipped to be shipping point were actually received two days after the inventory count and that the company had $87000 of goods out on consignment. What amount should Bramble report as inventory at the end of the year? $931000. $863000 $786000 $873000