At December 31, 2025, suppose that Nash's Company's inventory records indicated a balance of $620000. Upon further investigation it was determined that this amount included the following: - $106000 in inventory purchases made by Nash's shipped from the seller on December 27, 2025 terms FOB destination, but not due to be received until January 2, 2026 - $62000 in goods sold by Nash's with terms FOB destination on December 27, 2025. The goods are not expected to reach their destination until January 6, 2026 $4000 of goods received on consignment from Mary Company What is Nash's's correct ending inventory balance at December 31, 2025? $448000 $510000 $514000 $616000

At December 31,2025 , suppose that Nash's Company's inventory records indicated a balance of $620000. Upon further investigation it was determined that this amount included the following: - $106000 in inventory purchases made by Nash's shipped from the seller on December 27,2025 terms FOB destination, but not due to be received until January 2,2026 - $62000 in goods sold by Nash's with terms FOB destination on December 27, 2025. The goods are not expected to reach their destination until January 6, 2026 - $4000 of goods received on consignment from Mary Company What is Nash's's correct ending inventory balance at December 31,2025? $448000 $510000 $514000 $616000