Multiple Choice Question 48 As a result of a thorough physical Inventory, Sheffield Company determined that it had inventory worth $320100 at December 31, 2020. This count did not take into consideration the following facts: Walker Consignment currently has goods worth $46300 on its sales floor that belong to Sheffield but are being sold on consignment by Walker. The selling price of these goods is $74200. Sheffield purchased $21200 of goods that were shipped on December 27, FOB destination, that will be received by Sheffield on January 3. Determine the correct amount of Inventory that Sheffield should report. $387600. O $366400 O $341300. O $320100