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Measurement of Ending Inventory The unadjusted inventory balance of Conway Corp. is $ 8 0 0 , 0 0 0 on December 3 1 ,

Measurement of Ending Inventory
The unadjusted inventory balance of Conway Corp. is $800,000 on December 31, based on a physical inventory count. Several items must be considered before the inventory valuation is finalized.
On December 31, the physical inventory excluded $10,000 of merchandise inventory shipped f.o.b. destination to Conway Corp. from a vendor. The inventory arrived on January 5 of the following year.
On December 31, the physical inventory included $1,500 of merchandise held on consignment. The consignor is PackagingPlus Inc
On December 31, the physical inventory excluded $25,000 of merchandise inventory held on consignment by a customer Conway Corp. is the consignor. merchandise had not been recelved,
Merchandise with a cost of $30,000 is held in the recelving department for return, but Conway still controls this inventory The merchandise was excluded from the physical inventory count
Required
Calculate the adiusted inventory balance on December 31
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