Rose Company's inventory of $1,425,000 at December 31, 2017, was based on a physical count of goods priced at cost and before any year-end adjustments relating to the following items.

- goods shipped to Rose Company from a vendor f.o.b. destination on December 28, 2017, at an invoice cost of $26,500, were received on January 4, 2018.

- the physical count included $10,000 of goods on cosignment from Thorn Compnay.

- goods with a cost of $25,000 were shipped by Rose to a buyer on December 31, 2017 after the physical count was conducted. The goods were shipped f.o.b. shipping point.

- goods shipped to Rose Company from a vendor with an invoice cost of $18,000 were in transit at year-end. The goods were shipped f.o.b. shipping point.

What amount should Rose Company report as inventory on its 12/31/17 balance sheet? (please show adjustments individually)