Required information The following information applies to the questions displayed below) Sanchez Company engaged in the following transactions during Yeart 1) Started the business by issuing $11,700 of common stock for cash. 2) The company paid cash to purchase $7,200 of inventory 3) The company sold inventory that cost $4,600 for $9,150 cash. 4) Operating expenses incurred and paid during the year, 54,100. Sanchez Company engaged in the following transactions during Year 2 1) The company paid cash to purchase $10,000 of inventory 2) The company sold Inventory that cost $8,800 for $15.750 cash 3) Operating expenses incurred and paid during the year, $5,100. 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 0 0 0