View Policies Current Attempt in Progress The merchandise Inventory in Wildhorse Co. was counter after the close of business on December 31, 2021, the company's year end. It was determined that the total cost of this inventory was $54,200. Wildhorse wants to know if this is the correct amount that should be reported on the company December 31, 2021, balance sheet or it an adjustment needs to be made for any of the following items SES The count included Items continue $1,000 that had been sold but are being held for alterations. The customers have paid in tu Wildhorse Co. 54300 of merchandise hold on content for a local des mer. These items were included in the invente Ashirent of inventory costing $2.550 was received on January 2, 2022. It had been shipped by the seller on December 30 A second shipment of inventory contine 54.510 was received on January 3, 2022. It had been shipped by the seller on Decem Determine the correct amount of Wildhorse Ca's merchandise inventory at Dec 31, 2021. Do not invenya wereld blank Enter for amounts Enter negative amounts using either a negative sin preceding numbers 15 or port(450 Determine the correct amount of Wildhorse Co's merchandise Irwentory at December 31, 2021. (Do not leave any answer field blank Enter O for amounts Enter negative amounts using either a negative sign preceding the number eg, -45 or parentheses eg. (451) The correct cost of Inventory Ist Total cost per inventory count (a) Inventory held for alterations (b) Inventory held on consignment (c) Goods shipped FOB shipping point prior to Dec 31 Freight on Inventory purchase Id Goods shipped FOB destination prior to Dec 31 Freight on inventory purchase Correct inventory cost at December 31 Attempts: 0 of 1 used Submit Ang M