Oriole Company took a physical inventory on December 31 and determined that goods costing $214,900 were on hand. Not included in the physical count were $24,010 of goods purchased from Pelzer Corporation, f.o.b. shipping point, and $21,150 of goods sold to Alvarez Company for $29,100, f.o.b. destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Oriole report as its December 31 inventory?

December 31 inventory

$enter the amount of December 31 inventory in dollars