Mogul Company ships merchandise to Ski Outfit in a consignment arrangement. The arrangement specifies that Ski Outfit will attempt to sell the merchandise, and in return, Mogul will pay to Ski Outfit a 25% sales commission on any merchandise sold. During the year, Mogu ships inventory with a cost of $105,000 to SKI Outt. By the end of the year $80,000 of the merchandise has been sold to customers for a total of $111.000. What amount of inventory will Mogul report at year end? Multiple Choice $6,000. o $25,000. $26,250. $0