Sunland Company sells TVs. The perpetual inventory was stated as $38,800 on the books at December 31, 2020. At the close of the year, a new approach for compiling inventory was used and apparently a satisfactory cut-off for preparation of financial statements was not made. Some events that occurred are as follows. 2 3. TVS shipped to a customer January 2, 2021. costing $4.500 were included in inventory at December 31, 2020. The sale was recorded in 2021. TVs costing $15.700 received December 30, 2020, were recorded as received on January 2 2021 TVs received during 2020 costing $4.500 were recorded twice in the inventory account. TVS shipped to a customer December 28, 2020, to.b.shipping point, which cost $9.400, were not received by the customer until January, 2021. The TVs were included in the ending inventory TVs on hand that cost $7.000 were never recorded on the books. 4. 5. Compute the correct inventory at December 31, 2020. Correct inventory swetor Lister Attempts: 0 of 1 used Submit