Seemore Lens Company (SLC) sells contact lenses FOB destination. For the year ended December 31, the company reported Inventory of $72,000 and Cost of Goods Sold of $424,000.

a.	Included in Inventory (and Accounts Payable) are $10,400 of lenses held on consignment.
b.	Included in the Inventory balance are $5,200 of office supplies held in SLCs warehouse.
c.	Excluded from the Inventory balance are $8,200 of lenses in the warehouse, ready to send to customers on January 1. SLC reported these lenses as sold on December 31, at a price of $15,400.
d.	Included in the Inventory balance are $3,100 of lenses that were damaged in December and will be scrapped in January, with no recoverable value. The question is how to prepare the table showing the balances presently reported for Inventory and Cost of Goods Sold, and then displaying the adjustment(s) needed to correctly account for each of items (a)-(d), and finally determining the appropriate Inventory and Cost of Goods Sold balances.