Carla Vista Company sells TVs. The perpetual inventory was stated as $38,900 on the books at December 31, 2020. At the close of the year, a new approach for compiling inventory was used and apparently a satisfactory cut-off for preparation of financial statements was not made. Some events that occurred are as follows.

1.		TVs shipped to a customer January 2, 2021, costing $5,000 were included in inventory at December 31, 2020. The sale was recorded in 2021.
2.		TVs costing $15,000 received December 30, 2020, were recorded as received on January 2, 2021.
3.		TVs received during 2020 costing $4,000 were recorded twice in the inventory account.
4.		TVs shipped to a customer December 28, 2020, f.o.b. shipping point, which cost $10,600, were not received by the customer until January, 2021. The TVs were included in the ending inventory.
5.		TVs on hand that cost $6,800 were never recorded on the books.

Compute the correct inventory at December 31, 2020.

(Answers not: 41,100 and 48,100)