On December 31, a company's records indicated an inventory balance of $752,000. That amount included $550,000 of inventory on hand and it included the following: (1) $112,000 of inventory purchased by the company under the terms FOB destination, and this inventory did not arrive until January 2, (2) $74,000 of inventory sold and shipped by the company on December 27 under the terms FOB destination, and this inventory was received by the buyer on January 6. (3) $6,000 of inventory held on consignment by the company. (4) $10,000 of inventory placed on consignment by the company that has not been sold by year-end. What is the company's ending inventory balance at December 31