Crane Company took a physical imventory on Decernber 31 and determined that goods costing $180,000 were on hand. Not included in the physical count were $20,000 of goods purchased from Nash Corporation, FOB, shipping point, and $20,000 of goods sold to Swifty Company for $30,000, FOB destination. Both the Nash purchase and the Swifty sale were in transit at year-end. What amount should Crane report as its December 31 inventory? Ending inventory