Sporti Goods Company ships merchandise to Ski Outfit in a consignment arrangement. The arrangement specifies that Ski Outfit will attempt to sell the merchandise, and in return, Sporti Goods will pay to Ski Outfit a 20% sales commission on any merchandise sold. During the year, Sporti Goods ships inventory with a cost of $117,500 to Ski Outfit. By the end of the year, $90,000 of the merchandise has been sold to customers for a total of $124,000. What amount of inventory will Sporti Goods report at year end? Multiple Choice $27,500. $0. $23,500 $6,500