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need help please and thank you u are awesome Farley Bains, an auditor with Nolls CPAs, is performing a review of Monty Corp.'s Inventory account.

need help please and thank you u are awesome
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Farley Bains, an auditor with Nolls CPAs, is performing a review of Monty Corp.'s Inventory account. Monty Corp. did not have a good year, and top management is under pressure to boost reported income. According to its records, the inventory balance at year-end was $801,000. However, the following information was not considered when determining that amount. Prepare a schedule to determine the correct inventory amount. (If an amount reduces the occount balance then enter with a negative sign preceding the number, eg. 15,000, or parenthesis eg. (15,000). Enter Oif there is no effect.) Ending inventory-as reported 1. Included in the company's count were goods with a cost of $298,000 that the company is hoiding on consignment. The goods belong to Nader Corporation. 2. The physical count did not include goods purchased by Monty Corp. with a cost of $38,000 that were shipped FOB shipping point on December 28 and did not arrive at Monty Corp.'s warehouse until January 3. 3. Included in the Inventory account was $19,100 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year. 4. The compary received an order on December 29 that was boxed and was sitting on the Ioading dock awaiting pick-up on December 31 . The shipper picked up the goods on January 1 and delivered them on January 6 . The shipping terms were FOB shipping point. The goods had a selling price of $46,500 and a cost of $38,500. The goods were not included in the count because they were sitting on the dock: 2. The physical count did not include goods purchased by Monty Corp. with a cost of $38,000 that were shipped FOB shipping point on December 28 and did not arrive at Monty Corp.'s warehouse until January 3. 3. Included in the Inventory account was $19,100 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year. 4. The company received an order on December 29 that was boxed and was sitting on the loading dock awaiting pick-up on December 31 . The shipper picked up the goods on January 1 and delivered them on January 6 . The shipping terms were FOB shipping point. The goods had a selling price of $46,500 and a cost of $38,500. The goods were not included in the count because they were sitting on the dock. 5. Included in the count was $51,500 of goods that were parts for a machine that the company no longer made. Given the high-tech nature of Monty Corp's products, it was unlikely that these obsolete parts had any other use. However, management would prefer to keep them on the books at cost, "since that is what we paid for them, after all." Correctinventory Monty Corp. uses a periodic inventory system and reports the following for the month of June. (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round per unit cost to 3 decimal places, eg. 15.647 and final answers to 0 decimal ploces, es. 5,125.) Monty Hardware reported cost of goods sold as follows. Monty made two errors: (1) 2021 ending inventory was overstated by $3,350, and (2) 2022 ending inventory was understated by $6,450 Compute the correct cost of goods sold for each year. Blue Spruce Corp. Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31 What amount should be reported on Blue Spruce Corp's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? The ending inventory

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