Knicks Company requires nonrefundable advance payments with special orders from customers for machinery constructed to their specifications. Information for 2023 follows: Customers advances, 12/31/22                                   P          500,000 Advances received with orders in 2023                                 840,000 Advances applied to orders shipped in 2023                          600,000 Advances applicable to orders canceled in 2023                   190,000 How much is the ending balance of advances on December 31, 2023?

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