Mogul Company ships inventory to Ski Outfit in a consignment arrangement. The arrangement specifies that Ski Outfit will attempt to sell the inventory, and in return, Mogul will pay to Ski Outfit a 20% sales commission on any inventory sold. During the year, Mogul ships inventory with a cost of $102,500 to Ski Outfit. By the end of the year, $78,000 of the inventory has been sold to customers for a total of $108,400. What amount of inventory will Mogul report at year end? Multiple Choice $5,900 $24,500 $0 $20,500