Required information [The following information applies to the questions displayed below.) Sanchez Company engaged in the following transactions during Year 1: 1) Started the business by issuing $14,100 of common stock for cash. 2) The company paid cash to purchase $8,400 of inventory. 3) The company sold inventory that cost $5,800 for $12,150 cash. 4) Operating expenses incurred and paid during the year, $5,300. Sanchez Company engaged in the following transactions during Year 2: 1) The company paid cash to purchase $12,400 of inventory. 2) The company sold inventory that cost $10,000 for $18,750 cash. 3) Operating expenses incurred and paid during the year, $6,300. Note: Sanchez uses the perpetual inventory system. What is the amount of Inventory that will be shown on the balance sheet at December 31, Year 2? Multiple Choice Page 1 of 1 9 words English (United States 9 MacBook