Do It! Review 6-1 Vaughn Manufacturing ust took its physical ventory on December 31. The count of inventory items on hand at the company's business locations resulted in total inventory cost of $325,800. In reviewing the details of the count and related inventory transactions, you have discovered the following items that had not been considered. 1. Vaughn Manufacturing has sent inventory costing $25,440 on consignment to Richfield Company. All of this inventory was at Richfield's showrooms on December 31 2. The company did not include in the count inventory (cost, $21,880) that was sold on December 28, terms FOB shipping point. The goods were in transit on December 31 3. The company did not include in the count inventory (cost,12,200) that was purchased with terms of FOB shipping point. The goods were in transit on December 31. Compute the correct December 31 inventory. Correct December 31 inventory s Click if you would like to Show Work for this question: Open Show Work