* Your swer is incorrect Swilty Bank and Trust coridering giving Alou Company loan. Before doing so, management decide that further discussions with Alou's accountant may be desirable. On area of particular concern is the inventory account, which has a year-end balance of E298.000. Discussions with the accountant reveal the following 1 2 3 Alou sold goods costine 39.200 to Comerco Company FOB shipping point on December 28. The goods are not expected to arrive a Comerco until January 12. The goods were not included in the physical Inventory because they were not in the warehouse The physical count of the inventory old not include poods costing 90.500 that were shipped to ou FO destination on December 27 and were still in transit a year-end Alou received goods costing 23500 on January 2. The goods were stipped Fo8 shipping point on December 26 by Grant Co The goods were not induded in the physical count Alos sold goods conting 32.500 to Emerick Co. FOB destination on December 30. The goods were received at Emerick on January 8. They were not included in Alous physical Inventory Alou received goods costing 42.000 on January 2 lat were shipped FOB shoping ponton December 29 The shipment win a rush order that was supposed to arrive December 31. This purchase was included in the ending inventory of 290.000 4 S Determine the correct inventory amount on December 31 The correct inventory mound 312000 eTextbook and Media