Question: At December 3 1 , 2 0 2 5 , suppose that Skysong Company's inventory records indicated a balance of $ 6 5 0 0

At December 31,2025, suppose that Skysong Company's inventory records indicated a balance of $650000. Upon further investigation it was determined that this amount included the following:
$124000 in inventory purchases made by Skysong shipped from the seller on December 27,2025 terms FOB destination, but not due to be received until January 2,2026
$65000 in goods sold by Skysong with terms FOB destination on December 27,2025. The goods are not expected to reach their destination until January 6,2026
$9000 of goods received on consignment from Lisa Company
What is Skysong's correct ending inventory balance at December 31,2025?
$452000
$517000
$641000
$526000
 At December 31,2025, suppose that Skysong Company's inventory records indicated a

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