mogul company ships inventory to ski outfit in a consignment arrangement. the arrangement specifies that ski outfit will attempt to sell the inventory, and in return, mogul will pay to ski outfit a 15% sales commission on any inventory sold. during the year, mogul ships inventory with a cost of $107,500 to ski outfit. by the end of the year, $82,000 of the inventory has been sold to customers for a total of $113,600. what amount of inventory will mogul report at year end?
