At December 31, 2022, Howell Company's Inventory Records Indicated a Balance

Multiple Choice

At December 31, 2022, Howell Company's inventory records indicated a balance of $878,000.Upon further investigation it was determined that this amount included the following:
-$168,000 in inventory purchases made by Howell shipped from the seller 12/27/22 terms FOB destination, but not due to be received until January 2
-$111,000 in goods sold by Howell with terms FOB destination on December 27.The goods are not expected to reach their destination until January 6.
-$9,000 of goods received on consignment from Westwood Company
What is Howell's correct ending inventory balance at December 31, 2022?

A) $710,000
B) $869,000
C) $590,000
D) $701,000