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in your audit of Anthony Walker Company, you find that a physical inventory on December 31, 2020, showed merchandise with a cost of $455,940 was

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in your audit of Anthony Walker Company, you find that a physical inventory on December 31, 2020, showed merchandise with a cost of $455,940 was on hand at that date. You also discover the following items were all excluded from the $455,940. 1. 2. 3. Merchandise of $65,070 which is held by Walker on consignment. The consignor is the Max Suzuki Company, Merchandise costing $34,770 which was shipped by Walker fo.b.destination to a customer on December 31, 2020. The customer was expected to receive the merchandise on January 6, 2021. Merchandise costing $47.070 which was shipped by Walker fob shipping point to a customer on December 29,2020. The customer was scheduled to receive the merchandise on January 2, 2021. Merchandise costing $91.200 shipped by a vendor fo.b.destination on December 30, 2020, and received by Walker on January 4, 2021 Merchandise costing $51.970 shipped by a vendor to.b, shipping point on December 31, 2020, and received by Walker on January 5, 2021 4. a 5. a Based on the above information, calculate the amount that should appear on Walker's balance sheet at December 31, 2020, for inventory $ Inventory as on December 31, 2020

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