Bridgeport Ltd. took a physical inventory count on December 31 and determined that goods costing exist3, 500 were on hand. This amount included exist850 of goods held on consignment for Wood Corporation. Not included in the physical count were exist520 of goods purchased from Timmons Corporation, shipping point, and exist180 of goods sold to Myers Ltd for exist460, destination. Both the Timmons purchase and the Myers sale were in transit at year and. What amount should Bridgeport report as its December 31 inventory? December 31 inventoryexist