Nash Company took a physical inventory on December 31 and determined that goods costing $208,000 were on hand, Not included in the physical count were $30,000 of goods purchased from Swifty Corporation, FOB, shipping point, and $23,500 of goods sold to Marigold Company for $30,000, FOEdestination. Both the Swifty purchase and the Marigold sale were in transit at year end. What ampunt should Nash report as its December 31 inventory? Ending inventory eTextbook and Media