Sage Hilt Bank and Trust is considering siving Pohl Company a loan Before doing so it decides that further discussions with Pohis accountant may be desirable One area of particular concernis the Insentory account which has a year-end balance of $242,000. Discussions with the accountant reveal the following: 1. Pohl shipped goods costing $48,400 to Hemlock Company FOE shipping point on December 28. The goods are not eupected to reach Hemlock until january 12 . The goods were not included in the plisical inventory because they were not in the warehouse: 2. The physical count of the imentory did not include goods costine $95,000 that were shipped to Fohi FOE deitination on December 27 and were stili in tramit at yeat-end. 3. Pohl received goods conting $22.000 on fackary 2 The goods were shipped FOB shipping point on December 26 by Yan ice Co The goods were not included in the physical count, 4. Pohl shoped goods costing 344800 to Ehler of CanadaFOB deatination on December 30 The goods were recelved in Canada on danuary 8. They were not included in Pohr o physical iesventory 5. Poh received goods costing 596960 on January? 2 that were shipped foe destination on December 29 The thipouent was 3 rushorder that was suppored to affive December 31. This purchase was induded in the erding inventory of 5242,000 Deterinine the correct irentory amount on December 31. Correct inventory on Deceenter 31