A physical count of Ayayai Company's inventory at year-end determined that inventory on hand had a value of $1,628,000, Upon further investigation, it was determined that this amount included the following: 1. An inventory purchase of $51,900 made by Ayayai shipped from Sandhill Company on December 28 with terms FOB destination, but not due to be received until January 3. 2. Goods shipped to a customer with a cost of $74,700 with terms FOB destination on December 29 , but not expected to reach their destination until January 3. 3. Goods shipped to a customer with a cost of $55,500 with terms FOB shipping point on December 30 , but not expected to reach their destination until January 5. 4. Goods held on consignment from Florence Compary with a cost $16,300. Compute the amount that should be reported for inventory on Ayayai Company's balance sheet at December 31, 2022. Balancesheet $