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Multiple Choice Ouestion 61 st At December 31, 2017 Oriole Company inventory records indicated a balance of $882000, Upon further investigation it was determined that
Multiple Choice Ouestion 61 st At December 31, 2017 Oriole Company inventory records indicated a balance of $882000, Upon further investigation it was determined that this amount included the following: d $165000 in inventory purchases made by Oriole shipped from the seller 12/27/17 terms FOB destination, but not due to be received until January 2nd $121000 in goods sold by Oriole with terms FOB destination on December 27t. The goods are not expected to reach their destination until January 6 $10300 of goods received on consignment from Westwood Company What is Oriole correct ending inventory balance at December 31, 2017 $585700 $717000 $706700 $871700
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