CULATOR Question 1 At December 31, 2017, Sunrise Company's inventory records indicated a balance of $752,000. Upon further investigation it was determined that this amount included the following: $112,000 in inventory purchases made by Sunrise shipped from the seller December 27, 2016 terms FOB destination, but not due to be received unti January 2, 2017 . $74,000 in goods sold by Sunrise with terms FOB destination on December 27. The goods are not expected to reach their destination until January 6, 2017 . $6,000 of goods received on consignment from Wallwood Company What is Sunrise's correct ending inventory balance at December 31, 20177 O $640,000 o $634,000 O $560,000 O $746,000 Question Attempts: 0 of 1 used SAVE POR LTEOMET ANSWE