Exercise 6-02 (Video) Rachel Warren, an auditor with Laplante Ols, is performing a review of Tamarisk, Inc.'s inventory actourt. Tamarindo not have a good year, and top management is under pressure to boost reported income. According to its records, the Inventory belliceat year end was $77,000. lowever, the following information was not considered when weergamount. Prepare a schedule to determine the correct Inventory amount ar an amount reduces the account halen en er woreceding the mar, e -15,000, or parentes. (15.000. Enter there is no effect.) Ending inventory-as reported 1. Included in the company's count were goods with a cost of 5332,000 that the company is holding on consignment. The goods belong to Harmon Corporation 2. The physical count did not include goods purchased by Tamar, with a cost of $35,000 that were shipped Fos destination on December 28 and did not arrive at Tamarisk's warehouse on January 3. 3. Included in the inventory account was $19,200 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming you 4. The company received an order on December 29 that was boxed witting on the loading doo pick-up on December 31. The shipper picked up the goods on January 1 and delivered them on January The shipping terms were Fosshing point. The goods had a sing price of 542,500 and a cost of 538,500. The goods were not included in the counts they were sitting on the dock S. On December 29, Tamari, shipped goods with a sing price of 53,500 and a cost of $67,500 to Rema Sales Corporation FOB shipping point. The goods arrived on January 1 Ret had only ordered goods with a selling price of $10,000 and a cost of $9.500. However, a les manager at Tamarisk, ha uthored the shipment and said that Res wanted to the goods best week, ou 6. Included in the count was $37.500 of goods that were parts for machine that the company to per made Given the high-tech nature of Tamaris, products, was unlikely that these obsolete ortad any other use. However, management would prefer to keep them on the books at cout, so that is we paid for them, after all." Correctory