QUESTION 2 Honest Tea, Inc. is a merchandiser. Use the following information to its Inventory balance on its December 31 year-end balance sheet. Note: All purchases of inventory are on account. Cost of Goods Sold during the year January 1 Inventory $39,000 $10,000 Sales during the year $71,000 December 31 Accounts Receivable $17,000 Purchases of Inventory on Account during the year $30,000 December 31 Inventory = $_