ent 6-Chx to.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-gr Algoma University D2 Homepage - Algom... h Dashboard YouTube P Pearson M McGraw-Hill Conne... ment 6-Ch 6 i 1 On December 31, 2023, Jen & Mink Clothing (J&M) performed the inventory count and determined the year-end ending inventory value to be $79500. It is now January 8, 2024, and you have been asked to double-check the year-end inventory listing. J&M uses a perpetual inventory system. Note: Only relevant items are shown on the inventory listing. Jen & Mink Clothing Inventory Listing December 31, 2023 Inventory Number Inventory Description Quantity (units) 7649 Blue jackets Black pants 10824 Saved 108 316 Commentary & Jou.... Unit Cost ($) 28 23 Total Value ($) 3,024 7,268 Total Inventory $79,500 The following situations have been brought to your attention: a. On January 3, 2024, J&M received a shipment of 108 blue jackets, for $3,024 (Item #7649). The Inventory was purchased December 23, 2023, FOB destination from Global Threads. This inventory was included in J&M's inventory count and Inventory listing. b. On December 29, 2023, J&M sold scarves (Item #5566) to a customer with a sale price of $780 and cost of $540, FOB shipping. The order was shipped on December 30, 2023. J&M has not included this inventory. c. Red Blazers (Item #6193) were purchased and shipped from International Co. on December 30, 2023, for $3,380, FOB shipping. 5. 3024 and the appropriate party paid for the shipping charges of $400. Additional costs were