On December 31, Stewart Company had an ending inventory of $110,200 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 $3,360 were included in ending inventory. These goods were onconsignmentto Foster Company. They had not yet been sold.

(b)Inventory items with a cost of $2,340 were included in ending inventory. These goods were in transit from Stewart Company to Baker Company and were soldFOB shipping point.

(c)Inventory items with a cost of $3,390 were excluded from ending inventory. These goods were in transit from Stewart Company to Nelson Company and were soldFOB destination.

Required:

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