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Farley Bains, an auditor with Nolls CPAs, is performing a review of Bramble Corp. ' s Inventory account. Bramble Corp. did not have a good

Farley Bains, an auditor with Nolls CPAs, is performing a review of Bramble Corp.'s Inventory account. Bramble Corp. 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 $833,000. However, the following information was not considered when determining that amount.
Prepare a schedule to determine the correct inventory amount. (If an amount reduces the account balance then enter with a negative sign preceding the number, e.g.-15,000, or parenthesis e.g.(15,000). Enter 0 if there is no effect.)
Ending inventory-as reported
Included in the company's count were goods with a cost of $330,000 that the company is holding on consignment. The goods belong to Nader Corporation.
The physical count did not include goods purchased by Bramble Corp. with a cost of $30,000 that were shipped FOB shipping point on December 28 and did not arrive at Bramble Corp.'s warehouse until January 3.
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