www. P Question 5 Not yet answered Marked out of 0.50 p Flag question During 2015 Came Corporation transferred inventory to Nolan Corporation and agreed to repurchase the merchandise early in 2016. Nolan then used the inventory as collateral to borrow from Norwalk Bank, remitting the proceeds to Came. In 2016 when Came repurchased the inventory Nolan used the proceeds to repay its bank loan. (LOW.4) On whose books should the cost of the inventory appear at the December 31, 2015 statement of financial position date? Select one O a. Nolan Corporation b. Norwalk Bank c. Nolan Corporation, with Came making appropriate note disclosure of the transaction @ d. Care Corporation Question 6 El L Marked out of . Flag question Not were EBM FT % 5 61 & 7 V 8 A 9 9 0 . X T Y U O P. 1GYHJ K L s BN ilm 51>