As a result of a thorough physical inventory, Railway Company determined that it had inventory worth \(\$ 180,000\) at December 31, 2017. This count did not take into consideration the following facts. Rogers Consignment Store currently has goods worth \(\$ 35,000\) on its sales floor that belong to Railway but are being sold on consignment by Rogers. The selling price of these goods is \(\$ 50,000\). Railway purchased \(\$ 13,000\) of goods that were shipped on December 27, FOB destination, that will be received by Railway on January 3.

Determine the correct amount of inventory that Railway should report.

(a) \(\$ 230,000\).

(c) \(\$ 228,000\).

(b) \(\$ 215,000\).

(d) \(\$ 193,000\).