As a result of a thorough physical inventory, Bramble Company determined that it had inventory worth $321200 at December 31, 2018. This count did not take into consideration the following facts: Herschel Consignment currently has goods worth $47500 on its sales floor that belong to Bramble but are being sold on consignment by Herschel. The selling price of these goods is $74200. Bramble purchased $22200 of goods that were shipped on December 27, FOB destination, that will be received by Bramble on January 3. Determine the correct amount of inventory that Bramble should report.

$341200.

$388700.

$321200.

$368700.