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Seahawks Inc. took a physical inventory at the end of the year and determined that $730,000 of goods were on hand. In addition, the

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Seahawks Inc. took a physical inventory at the end of the year and determined that $730,000 of goods were on hand. In addition, the following items were not included in the physical count. Seahawks, Inc. determined that $106,000 of goods purchased were in transit that were shipped f.o.b. destination (goods were actually received by the company three days after the inventory count). The company sold $55,000 worth of inventory f.o.b. destination. What amount should Seahawks report as inventory at the end of the year? a. $891,000. b. $730,000. bliud c. $785,000. d. $836,000. pey 000,005, 12 so ba

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