In an annual audit of Pronghorn Company Limited, you find that a physical inventory count on December 31, 2023, showed merchandise of $444,000. You also discover that the following items were excluded from the $444,000 : 1. Merchandise of $60,300 is held by Pronghorn on consignment from BonBon Corporation. 2. Merchandise costing $32,300 was shipped by Pronghorn f.o.b. destination to XYZ Ltd. on December 31,2023 . This merchandise was accepted by XYZ on January 6, 2024. 3. Merchandise costing $45,200 was shipped fo.b. shipping point to ABC Company on December 29,2023 . This merchandise was received by ABC on January 10, 2024. 4. Merchandise costing $72,100 was shipped f.o.b. destination from Wholesaler Inc. to Pronghorn on December 30, 2023. Pronghorn received the items on January 3,2024. 5. Merchandise costing $51,600 was shipped by Distributor Ltd. f.o.b. shipping point on December 30 , 2023, and received at Pronghorn's office on January 2, 2024. 6. Pronghorn had excess inventory and incurred an additional $1,420 in storage costs due to delayed shipment in transaction (3) above. 7. Pronghorn incurred $2,160 for interest expense on inventory it purchased through delayed payment plans in fiscal 2023. (a) Based on the information provided above, calculate the amount of inventory that should appear on Pronghorn's December 31, 2023 SFP