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At December 31, 2022, Todd Enterprises inventory records indicated a balance of $610,000. Upon further investigation it was determined that this amount included the following:

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At December 31, 2022, Todd Enterprises inventory records indicated a balance of $610,000. Upon further investigation it was determined that this amount included the following: - $130,000 in inventory purchases made by Todd Enterprises shipped from the seller 12/27/22 terms FOB destination, but not due to be received until January 2 nd - \$71,000 in goods sold by Vaughn with terms FOB destination on December 27. The goods are not expected to reach their destination until January 6. - \$8,200 of goods received on consitgnment from Angela Company What is Todd Enterprises' correct ending inventory balance at December 31, 2022? Your

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