Current Attempt in Ptogress with Concord's accountant may be deslrable. One area of particular concem ls the irwentory account, which has a vear -end balance of \$345,000. Discussions with the accountant reveal the followine. 1. Concord shipped goods conting $32,000 tn Lija Compary, FO8 shipging point, on December 28 The roods are not expected to arrive at Lilla unta January 12 . The goods were not included in the physical inventory because theywere not in the writhoute December 27 and werestill in transit at year end Brent Co. The roods were not induded in the phyical count. 4. Concard shlpped gpods casting $34,000 to Jesse Co, FOL destination on December 30 . The goods were recklved at fesse on January 8. Thry were not included in Concords ptyical inventory. 5. Concurd recrived gonds contine $40,000 an Jahuary 2 that werestipped Foe detination on Deckmber 29. The shipment was a rush order that was supposed to arrive December 31 . This purchase was Induded in the ending imventory of 5345.000. Determine the correct inventory anount on Decrmber 31. Correct inventory