Question 13 of 31 -/1 View Policies Current Attempt in Progress Swifty Inc. took a physical inventory at the end of the year and determined that $840000 of goods were on hand. In addition, the following items were not included in the physical count. Swifty, Inc. determined that $96000 of goods purchased were in transit that were shipped f.o.b. destination (goods were actually received by the company three days after the inventory count). The company sold $38500 worth of inventory f.o.b.destination that did not reach the destination yet. What amount should Swifty report as inventory at the end of the year? O $936000. O $974500. $878500. $840000 Save for Later Attempts: 0 of 1 used Submit