The Comance Corporation's inventory at December 31, 2021 was $2.000 ( Com based on a physical count of inventory on hand, before any necessary adjustment for the following Merchande coming $22.000, shipped to shipping point from a vendor on December 27, 2021, was received by Constance on January 5, 2022 Merchandise conting 552.000 was shipped to a customer to shipping point on December 28, 2021 arrived at the customer's location on January 6, 2022 Merchandise costing 528.000 was being held on hand for seus company on consignment . Estimated sales returns are 20% of annual sales Sales revenue was $564,000 with a gross proftratio of 30 What amount should Constance Corporation report as inventory in its December 31, 2021, balance sheet? WO O 1240