Question 3 Foley Merchandisers' physical count of inventory on December 31, 2020 was $150,000. The items below have not yet been considered or counted 1. $30,000 in merchandise purchased FOB shipping point December 31 expected to arrive January 5, 2021 2. $65.000 in merchandise sold to customers FOB destination December 28 expected to arrive January 21, 2021. 3. $15,000 in goods held on consignment from Barry Retail What amount of inventory should be reported by Foley on its December 31, 2020 balance sheet? CA $245,000 8. $195,000 oc $180,000 OD $230,000