Current Attempt in Progress

The following independent situations relate to inventory accounting:

$($a$)$

Whispering Winds Company's inventory of $$1\mathrm{.}1$ million at December $31,2023,$ was based on a physical count of goods priced at

cost and before any year$-$end adjustments relating to the following items:

a$.$ Goods shipped f$.$o$.$b$.$ shipping point on December $24,2023,$ from a vendor at an invoice cost of $$80,000$ to Whispering

Winds, received on January $4,2024.$

b$.$ Goods worth $$35,000$ and included in the physical count, billed to Makee Corp., f$.$o$.$b$.$ shipping point, on December $31,$

The carrier picked up these goods on January $3,2024.$

c$.$ Goods shipped f$.$o$.$b$.$ destination received by Whispering Winds on January $5,2024.$ The invoiced amount was $$81,000.$

d$.$ Goods shipped f$.$o$.$b$.$ destination and received by Whispering Winds on December $25,2023,$ that are on consignment. The

value of the goods is $$83,000$ and they have not been included in the physical inventory count.

What should Whispering Winds report as its inventory amount on its $2023$ SFP$?$

Inventory