Assume chester corp. is downsizing the size of their workforce by 20% (to the nearest person) next year from various strategic initiatives. chester is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. the exit interviews are estimated to cost $100 per employee in additional to normal separation costs of $5000. how much will the company pay in separation costs if these exit interviews are implemented next year?

As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.