on December 31. Griffin Company had an ending inventory of $67,700 based primarily on a physical count at its warehouse. In computing the final balance of nventory, the following information was available: (a) Inventory items with a cost of $2,940 were excluded from ending inventory. These goods were on consignment from Lee Company and had not yet been sold on December 31 . (b) Inventory items with a cost of $2,650 were included in ending inventory. These goods were in transit from Griffin Company to Harris Company and were. sold fos shipping point. (c) Inventory items with a cost of \$2,340 were exduded from ending inventory. These goods were in transit from Kelly Company to Griffin Company and were purchased FOB destination. Required: Using the information given above, compute the correct final balance of Inventory