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New Sendto Gradetock Pre Question 1 View Policles Current Attempt in Progress inyur adt of Edward Lewis Compas you fd that a ical iventory on

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New Sendto Gradetock Pre Question 1 View Policles Current Attempt in Progress inyur adt of Edward Lewis Compas you fd that a ical iventory on December 31,2020, showed merchandise with a cost of s480770 ws on hard at that date You ao discever the folowing ite wre al luded from the $460770 Merchandise of $61520 which is held by Lewis on consignment. The consignor is the Max Suzuki Company. 2 Merchandise costing $36,000 which was shipped by Lewis fo.b.destination to a customer on December 31, 2020. The customer was expected to receive the merchandise on January 6,2021. 3 Merchandise costing $49,580 which was shipped by Lewis f.o.b. shipping point to a customer on December 29, 2020. The customer was scheduled to receive the merchandise on January 2 2021 4 Merchandise costing $90,200 shipped by a vendor fo.b.destination on December 30, 2020, and received by Lewis on January 4, 2021 .Merchandise costing $49,250 shipped by a vendor fo.b. shipping point on December 31, 2020, and received by Lewis on January 5, 2021 Based on the above information calcalate the anount that should appear an Lewis's balance sheet at December 31,2020, for iventory Inventary as on Decemter 31 2020

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