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View Policies Current Attempt in Progress Farley Bains, an auditor with Nolls CPAS, is performing a review of Sandhill Cos Inventory account, Sandhill did not

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View Policies Current Attempt in Progress Farley Bains, an auditor with Nolls CPAS, is performing a review of Sandhill Cos Inventory account, Sandhill did not have a good year, and top management is under pressure to boost reported income. According to its records, the inventory balance at year-end was $ 735.590. However, the following Information was not considered when determining that amount Prepare a schedule to determine the correct inventory amount. (Show amounts that reduce inventory with a negative sign or parenthesis es 45 or parenthesese.5. (451) Ending inventory-as reported 1 tecluded in the company's court were goods with a cost of $ 237.290 that the company is holding on consignment. The goods belong to Nader Corporation 2 The physical count did not include goods purchased by Sandhill with a cost of 542400 that were shipped FOB shipping point on December 28 and did not arrive at Sandvil's warehouse until January 3 3. Included in the Inventory account was $17040 of office supplies that were stored in the warehouse and were to be used by the company's supervisor and managers during the comine veut 4 The company received an order on December 29 that was bored and was sitting on the loading dock awaiting pick-up on December 31. The shipper picked up the goods on January 1 and delivered them on January 6. The shipping terms were fol shipping point. The woods had a selling price of MacBook Pro S 2 3 4 56 5 6 8 9 > O W m. R Y Y C O S D F G H J L 7 8 9 0 w E R T Y U o S D F G H J

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