A. 347,200

B. 280,000

C. 336,000

D. 364,000

E. 349,300

On January 1, 2021, Pride, Inc. acquired 80% of the outstanding voting common stock of Strong Corp. for $364,000. There is no active market for Strong's stock. Of this payment, $28,000 was allocated to equipment (with a five-year life) that had been undervalued on Strong's books by $35,000. Any remaining excess was attributable to goodwill, which has not been impaired. As of December 31, 2021, before preparing the consolidated worksheet, the financial statements appeared as follows: Revenues Cost of goods sold Operating expenses Net income Retained earnings, 1/1/21 Net income (above) Dividends paid Retained earnings, 12/31/21 Cash and receivables Inventory Investment in Strong Corp Equipment (net) Total assets Liabilities Common stock Retained earnings, 12/31/21 (above) Total liabilities and stockholders' equity Pride, Inc. Strong Corp. $ 420,000 $ 280,000 (196,000) (112,000) (28,000) (14,000) $ 196,000 $ 154,000 $ 420,000 $ 210,000 196,000 154,000 0 $ 616,000 $ 364,000 $ 294,000 $ 126,000 210,000 154,000 364,000 0 616,000 420,000 $1,484,000 $ 700,000 $ 588,000 $ 196,000 280,000 140,000 616,000 364,000 $1,484,000 $ 700,000 During 2021, Pride bought inventory for $112,000 and sold it to Strong for $140,000. Only half of the inventory purchase price had been remitted to Pride by Strong at year-end. As of December 31, 2021, 60% of these goods remained in the company's possession. What is the consolidated total for inventory at December 31, 2021