Cullumber Co., a wholesale company, had the following information in its general ledger for the year 2018. Merchandise purchased for resale $537,500 Purchase returns 9,500 Marketing expense 6,200 Freight-in 19,600 Interest on notes payable to vendors 4,800 21,450 Freight-out (delivery expense on sales) Cash discounts on purchases 5,130 What is Cullumber's inventoriable cost for 2018? Cullumber's inventoriable cost for 2018 $ 542470 Shamrock, Inc.'s inventory of $858,000 at December 31, 2017, was based on a physical count of goods priced at cost. The total does not include any adjustments for the following items. (a) Goods shipped from a vendorf.o.b. destination on December 24, 2017, at an invoice cost of $12,000 to Shamrock were received on January 4, 2018. These goods were excluded from the physical count. (b) The physical count excluded goods held by a retailer (Deals Corp.) on consignment for Shamrock, Inc. The cost of these goods to Shamrock was $39,500. Shamrock did not record a sale when it shipped the goods to Deals. (c) The inventory included $46,400 of goods that were in Shamrock's warehouse on the morning of December 31, 2017 but were shipped to a customer f.o.b.shipping point later that day, after they had been included in the physical inventory count. What inventory amount should appear on Shamrock's December 31, 2017 balance sheet? Inventory to be reported $