Marigold Corp. just took its physical inventory on December 31. The count of inventory items on hand at the companys business locations resulted in a total inventory cost of $305,400. In reviewing the details of the count and related inventory transactions, you have discovered the following items that had not been considered. 1. Marigold Corp. has sent inventory costing $28,320 on consignment to Richfield Company. All of this inventory was at Richfields showrooms on December 31. 2. The company did not include in the count inventory (cost, $19,800) that was sold on December 28, terms FOB shipping point. The goods were in transit on December 31. 3. The company did not include in the count inventory (cost, $14,040) that was purchased with terms of FOB shipping point. The goods were in transit on December 31.

Find the correct 12/31 inventory.