* Your answer is incorrect. Sheridan Inc. took a physical inventory at the end of the year and determined that $841000 of goods were on hand. La addition, the following items were not included in the physical count. Sheridan, Inc. determined that $95500 of goods purchased were in transit that were shipped fo.b. destination (goods were actually received by the company three days after the inventory count). The company sold $41500 worth of inventory to.b. destination that did not reach the destination yet. What amount should Sheridan report as inventory at the end of the year? $978000 O $936500 $882500 $841000