1. At December 31, 2014 Pacioli Inc's inventory records indicated a balance of $960,000. Upon further investigation it was determined that this amount included the following: $52,000 in goods sold by Pacioli with terms FOB shipping point on December 25th. The goods are not expected to reach their destination until January 2nd. $9,000 of goods received on consignment from Jefferson Company $97,000 in inventory purchases made by Pacioli shipped from the seller 12/27/14 terms FOB destination, but not due to be received until January 2nd $13,000 in goods sold by Pacioli with terms FOB destination on December 27th. The goods are not expected to reach their destination until January 6h. $28,000 in inventory purchases made by Pacioli shipped from the seller 12/24/14 terms FOB shipping point. The goods were received on December 31st What is Pacioli Inc's correct ending inventory balance at December 31, 2014? A) $789,000 B) $802,000 C) $841,000 D) $886,000