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Ending invertory-as reported 1. Included in the company's count were goods with a cost of $334,000 that the company is holding on consignment. The goods

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Ending invertory-as reported 1. Included in the company's count were goods with a cost of $334,000 that the company is holding on consignment. The goods belong to Nader Corporation. 2. The physical count did not include goods purchased by Whispering Winds Corp. with a cost of $30,000 that were shipped FOB shipping point on December 28 and did not arrive at Whispering Winds Corp.'s warehouse until January 3. 3. Included in the Inventory account was $19,500 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year, 4. The company received an order on December 29 that was boxed and was sitting on the loading dock awaiting pick-up on December 31 . The shipper picked up the goods on January 1 and delivered them on January 6 . The shipping terms were FOB shipping point. The goods had a selling price of $44,000 and a cost of $36,000. The goods were not included in the Ending invertory-as reported 1. Included in the company's count were goods with a cost of $334,000 that the company is holding on consignment. The goods belong to Nader Corporation. 2. The physical count did not include goods purchased by Whispering Winds Corp. with a cost of $30,000 that were shipped FOB shipping point on December 28 and did not arrive at Whispering Winds Corp.'s warehouse until January 3. 3. Included in the Inventory account was $19,500 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year, 4. The company received an order on December 29 that was boxed and was sitting on the loading dock awaiting pick-up on December 31 . The shipper picked up the goods on January 1 and delivered them on January 6 . The shipping terms were FOB shipping point. The goods had a selling price of $44,000 and a cost of $36,000. The goods were not included in the

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