Coronado Industries took a physical inventory on December 31 and determined that goods costing $ 180,500 were on hand. Not included in the physical count were $ 27,000 of goods purchased from Sunland Company, FOB, shipping point and $ 20,000 of goods sold to Bramble Corp. for $ 32,000, FOB destination. Both the Sunland purchase and the Bramble sale were in transit at year-end. What amount should Coronado report as its December 31 inventory? Ending Inventory $