At December 31, 2022, Cullumber Company's inventory records indicated a balance of $530880. Upon further investigation it was determined that this amount included the following: 0 $94080 in inventory purchases made by Cullumber shipped from the seller 12/27/22 terms FOB destination, but not due to be received until January 2 $62160 in goods sold by Cullumber with terms FOB destination on December 27. The goods are not expected to reach their destination until January 6 $5040 of goods received on consignment from Dollywood Company What is Cullumber's correct ending inventory balance at December 31, 2022? O $436800 O $369600 $431760 O $525840

At December 31, 2022, Cullumber Company's inventory records indicated a balance of $530880, Upon further investigation it was determined that this amount included the following: - $94080 in inventory purchases made by Cullumber shipped from the seller 12/27/22 terms FOB destination, but not due to be recelved until January 2 - $62160 in goods sold by Cullumber with terms FOB destination on December 27 . The goods are not expected to reach their destination until January 6 - $5040 of goods recelved on consignment from Dollywood Company What is Cullumber's correct ending inventory balance at December 31, 2022? $436800 $369600 $431760 $525840