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Umatilla Bank and Trust is considering giving Teal Mountain Inc. a loan. Before doing so, it decides that further discussions with Teal Mountain Inc.'s accountant

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Umatilla Bank and Trust is considering giving Teal Mountain Inc. a loan. Before doing so, it decides that further discussions with Teal Mountain Inc.'s accountant may be desirable. One area of particular concern is the Inventory account, which has a year-end balance of $295, 060. Discussions with the accountant reveal the following. Determine the correct inventory amount on December 31. Umatilla Bank and Trust is considering giving Teal Mountain Inc. a loan. Before doing so, it decides that further discussions with Teal Mountain Inc.'s accountant may be desirable. One area of particular concern is the Inventory account, which has a year-end balance of $295, 060. Discussions with the accountant reveal the following. Determine the correct inventory amount on December 31

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