$1.$ Craig uses the periodic method of recording inventory. A physical count reveals $234890$ of inventory on hand at december $31,2025.$

$2.$ Not included in the physical count of inventory is $$13,420$ of merchandise purchased on December $15$ from Browser. This merchandise was shipped f$.$o$.$b$.$ shipping point on December $29$ and arrived in January. The invoice arrived and was recorded on December $31.$

$3.$ Included in inventory is merchandise sold to Champy on December $30,$ f$.$o$.$b$.$ destination. This merchandise was shipped after it was counted. The invoice was prepared and recorded as a sale on account for $$12,800$ on December $31.$ The merchandise cost $$7,350,$ and Champy received it on January $3.$

$4.$ Included in inventory was merchandise received from Dudley on December $31$ with an invoice price of $$15,630.$ The merchandise was shipped f$.$o$.$b$.$ destination. The invoice, which has not yet arrived, has not been recorded.

$5.$ Not included in inventory is $$8,540$ of merchandise purchased from Glowser Industries. This merchandise was received on December $31$ after the inventory had been counted. The invoice was received and recorded on December $30.$

$6.$ Included in inventory was $$10,438$ of inventory held by Craig on consignment from Jackel Industries.

$7.$ Included in inventory is merchandise sold to Kemp f$.$o$.$b$.$ shipping point. This merchandise was shipped on December $31$ after it was counted. The invoice was prepared and recorded as a sale for $$18,900$ on December $31.$ The cost of this merchandise was $$10,520,$ and Kemp received the merchandise on January $5.$

$8.$ Excluded from inventory was a carton labeled "Please accept for credit." This carton contains merchandise costing $$1,500$ which had been sold to a customer for $$2,600.$ No entry had been made to the books to reflect the return, but none of the returned merchandise seemed damaged; Craig will honor the return.

Determine the proper inventory balance for craig company at december $312025.$