Adams Company is a manufacturing company that has worked on several production jobs during the first quarter of the year. Below is a list of all the jobs for the quarter: 
Jobs 356, 357, 358, and 359 were completed. Jobs 356 and 357 were sold at a profit of $500 on each job.
What is the ending balance of Finished Goods for Adams Company at the end of the first quarter?
A) $456
B) $1,067
C) $1,685
D) $2,752
Correct Answer:
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