Finciples of Accounting 13e (ACC 171-185-2 Time: 0114 PM / Remaining 121 min CALCULATOR BACK NEX Practice Question 05 As a result of a thorough physical inventory, Railway Company determined that it had inventory worth $180,000 at December 31. This count did not take into consideration the following facts: Rogers Consignment store currently has goods worth $35,000 on its sales floor that belong to Railway but are being sold on consignment by Rogers. The selling price of these goods is $50,000. Railway purchased $13,000 of goods that were shipped on December 27, FOB destination, that will be received by Railway on January 3. Determine the correct amount of inventory that Railway should report $215,000 O $230,000 O $220,000 O $193,000