TB MC Qu. 05-65 On December 31 of the current... On December 31 of the current year, Plunkett Company reported an ending inventory balance of $214,000. The following additional information is also available: Plunkett sold and shipped goods costing 537.800 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $214,000 Plunkett purchased goods costing $43,800 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $214,000. . Plunkett's ending inventory balance of $214.000 included $14,800 of goods being held on consignment from Curele Company (Plunkett Company is the consignee) Plunkett's ending inventory balance of $214,000 did not include goods costing $94.600 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end, Based on the above information, the amount that Plunkett should report in ending inventory on December 31s Multiple Choice $170.200 $200.000 $199 200 5193,200 5155 400 Prev 1 of 10 Next >