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i dont understand At December 31, 2025, suppose that Wildhorse Company's inventory records indicated a balance of $877000. Upon further investigation it was determined that
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At December 31, 2025, suppose that Wildhorse Company's inventory records indicated a balance of $877000. Upon further investigation it was determined that this amount included the following - $186000 in inventory purchases made by Wildhorse shipped from the seller December 31, 2025 terms FOB destination, but not due to be received until January 2,2026 - $119000 in goods sold by Wildhorse with termas FOB destination on December 27, 2025. The goods are not expected to reach their destination until Jantary 6,2026 - $9900 of goods received on consignment from Lisa Company What is Wildhorse's correct ending inventory baiaice at December 31, 2025? $681100 $691000 $502100 SB67100 Step by Step Solution
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