At December 31, 2022, Splish Brothers Inc. inventory records indicated a balance of $876000. Upon further investigation it was determined that this amount included the following:
• $182000 in inventory purchases made by Splish shipped from the seller 12/27/22 terms FOB destination, but not due to be received until January 2nd • $103000 in goods sold by Splish with terms FOB destination on December 27. The goods are not expected to reach their destination until January 6. • $8900 of goods received on consignment from Mary Company What is Splish's correct ending inventory balance at December 31, 2022? $694000 $685100 $582100 $867100