Lara's Gentle Clothing $($LGC$)$ sells gently used women's clothing. LGC receives used clothing from individuals to display in the shop. LGC receives $40\%$ of the selling price and pays the remaining $60\%$ to the individual who brought the clothing in$.$ LGC takes possession of the clothing; however, payments are made to the individuals who drop off the clothing only once the items are sold. During the year ended December $31,2020,$ LGC sold clothing that generated revenue of $$77,600$ on gross proceeds of $$194,000.$ LGC also had goods priced at $$19,400$ displayed in the store at December $31,2020.$

$($a$)$ On December $31,2020,$ what is the amount of inventory that should be recorded by LGC$?($If an answer is zero, please enter $0.$ Do not leave any fields blank.$)$