Farley Bains, an auditor with Nolls CPAs, is performing a review of Carla Vista Company's Inventory account. Carla Vista did not have a good year, and top management is under pressure to boost reported income. According to its records, the inventory balance at yearend was $$808,200.$ However, the following information was not considered when determining that amount.

$($a$1)$ Prepare a schedule to determine the corret inventory amount. $($Show amounts that reduce inventory with a negative sign e$.$g$.-45$ or parentheses e$.$g$.(45).)$

Ending inventory$-$as reported

$

Included in the company's count were goods with a cost of $$224,170$ that the company is holding on consignment. The goods belong to Nader Corporation.

The physical count did not include goods purchased by Carla Vista with a cost of $$38,530$ that were shipped FOB shipping point on December $28$ and did not arrive at Carla Vista's warehouse until January $3.$

Included in the Inventory account was $$18,300$ 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.

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 $$37,470$ and a cost of $$30,800.$ The goods were not included in the count because they were sitting on the dock.

Included in the count was $$46,300$ of goods that were parts for a machine that the company no longer made. Given the high$-$tech nature of Carla Vista's products, it was unlikely that these obsolete parts had any other use.

However, management would prefer to keep them on the books at cost$,$ "since that is what we naid for them.after all"