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Crane Inc. took a physical inventory at the end of the year and determined that $ 7 7 0 0 0 0 of goods were

Crane Inc. took a physical inventory at the end of the year and determined that $770000 of goods were on hand. In addition, Crane determined that $55000 of goods were in transit. The goods were shipped f.o.b. shipping point and were received two days after the inventory count. Crane also had $85000 of goods out on consignment. What amount should Crane report as inventory at the end of the year?
$855000
$845000
$910000
$770000
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