QUESTION 4 Assume that the total inventory on hand at the end of the year as determined by taking a physical inventory is 563,000. Excluded from the count were under FOB shipping point terms. What is the cost of inventory reported on the balance sheet? a. $57,000 b. 569.000 c. $55,000 d. $63,000 Click Save and submit to save and submit. Click Save All Answers to save all answers QUESTION 6 What is meant by the term republicanism? a. system rooted in the ideology of liberalism, with its emphasis on individual rights and freedoms b.system that emphasizes separation of powers and representation of the public through elected officials c. system that values equality among individuals above individual rights d. system that emphasizes conservative political values