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Current Attempt in Progress At December 31, 2022, Crane Company's inventory records indicated a balance of $796320. Upon further investigation it was determined that
Current Attempt in Progress At December 31, 2022, Crane Company's inventory records indicated a balance of $796320. Upon further investigation it was determined that this amount included the following: $141120 in inventory purchases made by Crane shipped from the seller 12/27/22 terms FOB destination, but not due to be received until January 2 $93240 in goods sold by Crane with terms FOB destination on December 27. The goods are not expected to reach their destination until January 6 $7560 of goods received on consignment from Dollywood Company What is Crane's correct ending inventory balance at December 31, 2022? $647640 $788760 $655200 $554400
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