Question: solve using given information explination not needed At December 31, 2022, Whispering Winds Corp. inventory records indicated a balance of $874000. Upon further investigation it

solve using given information explination not needed

At December 31, 2022, Whispering Winds Corp. inventory records indicated a balance of $874000. Upon further investigation it was determined that this amount included the following: -$170000 in inventory purchases made by Whispering shipped from the seller 12/27/22 terms FOB destination, but not due to be received until January 2nd $107000 in goods sold by Whispering with terms FOB destination on December 27. The goods are not expected to reach their destination until January 6, -$9300 of goods received on consignment from Sandra Company What is Whispering's correct ending inventory balance at December 31, 2022? $694700 $704000 $587700 $864700

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