The Trout Fishing Accessories Company of Casper Wyoming did a Question \#5 physical inventory count on January 2nd totaling $423,700. The company needs your help on how to handle the items listed below to be sure they have a correct inventory as of December 31st. 1. During the physical inventory on January 2nd, a freight truck arrived with a shipment of accessories inventory that had been ordered on December 21st. The freight document showed the order left the supplier's warehouse on December 22nd and was shipped FOB Destination with a guaranteed arrival date of December 28th. The shipment was delayed due to a heavy snow storm; however, because it was originally guaranteed to arrive on December 28th, the inventory was counted and included in physical inventory at a total cost of $21,945. 2. Five days later, on January 7th a large shipment of accessories totaling $17,850 arrived. The shipping documents indicated the order left the supplier's warehouse FOB shipping point on December 31st. This order was Not counted since it had not arrived until January 7 th. 3. On December 27th Trout Fishing Accessories shipped a FEDX 2-day rush order to be delivered on December 29th to a sporting goods store in Sonora, California. The cost of the inventory was $5,900 and the invoice price to the sporting goods store was $9,875. The rush shipment was sent FOB destination, however, due to the sierra weather conditions, it arrived at the sporting goods store in Sonora on January 2nd. Trout Fishing Accessories did NOT include the shipment in their physical inventory since it was a FEDX 2-day rush shipment to the customer with a planned delivery date of December 29th. 4. On December 23rd Trout Fishing Accessories received a shipment on consignment totaling $9,575 from the Fenwick Trout Rod Company. On December 27th Trout Fishing Accessories sold $2,000 of the consigned inventory to a customer. The sale was shipped FOB destination and the customer received the shipment on December 30th. The remaining balance of the inventory totaling $7,575 was counted and included in inventory. Required: Prepare a schedule detailing the correct amount of inventory Trout Fishing Accessories Company should report on their December 31st Balance Sheet