Blossom Corporation sells its product, a rare metal, in a controlled market with a quoted price applicable to all quantities. The total cost of $5800$ pounds of the metal now held in inventory is $$302000.$ The total selling price is $$838000,$ and estimated costs of disposal are $$15600.$ At what amount should the inventory of $5800$ pounds be reported in the balance sheet?

$$286400.$

$$822400.$

$$302000.$

$$838000.$