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At December 31, 2022. Pharoah Company inventory records indicated a balance of $879000. Upon further investigation it was determined that this amount included the following:

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At December 31, 2022. Pharoah Company inventory records indicated a balance of $879000. Upon further investigation it was determined that this amount included the following: -$186000 in inventory purchases made by Pharoah shipped from the seller 12/27/22 terms FOB destination, but not due to be received until January 2nd - $117000 in goods sold by Pharoah 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 Lisa Company What is Pharoah's correct ending inventory balance at December 31, 2022? O $683700 O $869700 O $566700 O $693000

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