On December 31, Clark Company had an ending inventory of $96,400 based primarily on a physical count at its warehouse. In computing the final balance ofInventory, the following information was available: (a)Inventory items with a cost of $2,790 were included in ending inventory. These goods were onconsignmentfrom Thomas Company and had not yet been sold on December 31. (b)Inventory items with a cost of $3,820 were excluded from ending inventory. These goods were in transit from Clark Company to Bryant Company and were soldFOB shipping point. (c)Inventory items with a cost of $2,870 were excluded from ending inventory. These goods were in transit from Clark Company to Coleman Company and were soldFOB destination.Required:

Using the information given above, compute the correct final balance of Inventory.