Sheffield Inc. took a physical inventory at the end of the year and determined that $773000 of goods were on hand. In addition, Sheffield determined that $62000 of goods were in transit. The goods were shipped f.o.b. shipping point and were received two days after the inventory count. Sheffield also had $94500 of goods out on consignment. What amount should Sheffield report as inventory at the end of the year? $773000 $857500 $929500 $867500