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a physical inventory at the end of the year and determined that $780,000 of goods were on hand addition, Bell, Inc. determined that $60,000 of

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a physical inventory at the end of the year and determined that $780,000 of goods were on hand addition, Bell, Inc. determined that $60,000 of goods that were in transit that were shipped f.o.b. ipping point were actually received two days after the inventory count and that the company had $90,000 of goods out on consignment. What amount should Bell report as inventory at the end of the year

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