Sameep Inc. sells glasses with sales terms FOB destination. For the year ended December 31, the company reported an Inventory of $80,000 (hint: this is ending inventory) and the Cost of Goods Sold of $500,000. In an interview with Sameep Singh Kahlon, the CEO of the firm, you get the following information: a. Included in Inventory (and Accounts Payable) are $20,000 of glasses held on consignment. b. Included in the Inventory balance are $6,000 of office supplies held in Sameep Inc's warehouse. c. Included in the Inventory balance are $4,000 of glasses that were damaged in December and will be written off next year (with no recoverable value). Required: What is the amount of each adjustment for each of the accounts? Please specify whether its a "-" or "+" adjustment Calculate the totals under each column after adjustments for each account. Inventory Cost of Goods Sold Present Balance +$80,000 +$500,000 What would be an a adjustment here? NO ADJUSTMENT +/-xx? b. What would be an adjustment here? NO ADJUSTMENT +/- xxx? What would be an adjustment here? What would be an adjustment here? +/-xxx? +1-xxx? What Is the total after Appropriate Balance all of the adjustments? What is the total after all of the adjustments