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 deternined that this amount inchded the following: 1. An imentory purchase of $1,900 made by Ayayai shipoed from 5andhill Company on December 28 with terms FoB destination. but not due to be recelved unt January 3 . 2. Goods thipped to a contomer with a cost of $74,700 with terms fOB destination on December 29, but not expected to reach their destination until Janury 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 Jansiary 5. 4 Goods held on consignment from Florence Company with a cost $16,300. Compute the amount that should be reported for imventory on Ayayal Companys batance sheet at December 31,2022. Balance sheet