Keiko company took a physical inventory at december 31, 2019 and determined that 3,730,000 of goods were on hand in addition, the company had goods consigned with chang company that had a cost of 700,000 on december 29, keiko sold and shipped fob shipping point 600,000 worth of inventory these goods arrived at the buyers place of business on january 4, 2020. 

What amount should keiko report as inventory on its december 31, 2019 statement of financial position?