Whispering Company asks you to review its December 31,2025 , inventory values and prepare the necessary adjustments to the books. The following information is given to you. 1. Whispering uses the perioctic method of recording inwentory A physical count reveals $364,080 of inventory on hand at December 31,2025 . 2. Not included in the physical count of inventory is $20,801 of merchandise purchased on December 15 from Browser. This merchandise was shipped to b. shipping point on December 29 and arrived in January. The invoice arrived and was recorded on December 31. 3. Included in inventory is merchandise sold to Champy on December 30, to b. destination. This merchandise was shipped after it was counted. The imoice was prepared and recorded as a sale on account for $19,840 on December 31 . The merchandise cost \$11.393, and Champy received it on January 3. 4. Included in inventory was merchandise received from Dudley on December 31 with an imvoice price of $24.227. The merchandise was shipped fob. destination. The invoice, which has not yet arrived, has not been recorded 5. Not included in inventory is $13,237 of merchandise purchased from Glowser industries. This merchandive was received on December 31 after the inventory had been counted. The invoice was received and recorded on December 30 . 6. Included in inventory was $16,179 of inventory held by Whispering on comignment from Jackel Industries. 7. Included in inventory is merchandise sold to Kemp fo bs shipping point. This merchandise was shlpped on December 31 after it was counted. The imvoice was prepared and recorded as a sale for $29,295 on December 31 . The cost of this merchandise was 516,306 , and Kemp received the merchandise on January 5. 8. Excluded from inventory was a carton labeled "Please accept for credit." This carton contains merchandise costing $2,325 which had been sold to a customer for $4,030. No entry had been made to the books to reflect the return, but none of the returned merchandise seemed damaged; Whispering will honor the return. (a) Determine the proper inventory balance for Whispering Company at December 31, 2025. Inventorybalance as on December 31, 2025 \$ eTextbook and Media List of Accounts Attempts: 0 of 5 used