wuh respect to part (3), if beginning Social Rank and Thust is considering giving abour whecher the imventon acooung Company a loan. Social Bank and Trus with the acoountant reveal the following December 31 Bets Compan received goods costing $50,000 from Alpha Inc. on January 3, 2018. Alpicia Inc, shipped the goods, under the terms of FOB shipping point, on December 27, 2017 to Beta Company. The goods were not included in the physical count. Bes Company received goods costing $88,000 on January 4, 2018 that were shipped, under the terms of FOB shipping point, by ABC Company on December 30, 2017. The shipment was a rush, order that was supposed to arrive on December 31, 2017. This purchase was included in the ending inventory of $594,000. Bets Company sold goods costing $76,000 to Generale Company, under the terms of FOB shipping point, on December 27, 2017. The goods were not expected to arrive at Generale until January 10, 2018. These goods were not included in the physical inventory because they were not in the warehouse. Beta sold goods costing $70,000 to Gardunord Co., under the terms of FOB destination, on December 30, 2017. The goods were received by Gardunord on January 8, 2018. They were not included in Beta Company's inventory. The physical count of the inventory did not include goods costing £182,000 that were bought from DEG Company. DEG Company shipped the goods to Beta Company, under the terms of FOB destination, on December 27, 2017 and were still in transit at 2017 year-end."Determine the correct Inventory Amount" Beta Company is considering giving Beta Company a loan. Social Bank and Trust is not sure about whether the inventory account's 2017 year-end balance in beta company is $594,000. scussions with the accountant reveal the following information. Determine the correct inventory amount on December 31. 1 - Beta company received goods costing $ 50,000 from Alpha Inc. on January 3, 2018. Alpha Inc. shipped the goods under the terms of FOB shipping point, on December 27, 2017 to Beta Company received goods costing $88,000 on January 4, 2018 that shipped, under the terms of FOB shipping point, included in the physical inventory. 2 - Beta Company received goods by ABC Company on December 30, 2017. The shipment was a rush order that was supposed to arrive on December 31, 2017. This purchase was included in the ending inventory of $594,000. 3- Beta Company sold goods costing $76,000 to Generale Company, under the terms of FOB shipping point, on December 27, 2017. The goods were not expected to arrive at Generale until January 10, 2018. These goods were not included in the physical inventory because they were not in the warehouse. 4- Beta sold goods costing $70,000 to Gardunord Co., under the terms of FOB destination, on December 30, 2017. The goods were received by Gardunord on January 8, 2018. They were not included in Beta Company's inventory. 5- The physical count of the inventory did not include goods costing $182,000 that were bought from DEG Company. DEG Company shipped the goods to Beta Company, under the terms of FOB destination, on December 27, 2017 and were still in transit at 2017 year-end."