Bell Inc. took a physical inventory at the end of the year and determined that $ 780000 of goods were

Bell Inc. took a physical inventory at the end of the year and determined that $ 780000 of goods were on hand. In addition, Bell, Inc. determined that $ 60000 of goods that were in transit that were shipped f.o.b. shipping point were actually received two days after the inventory count and that the company had $ 90000 of goods out on consignment. What amount should Bell report as inventory at the end of the year


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