Skysong, Inc. took a physical inventory on December $31$ and determined that goods costing $$235,000$ were on hand. Not included in

the physical count were $$27,800$ of goods purchased from Pelzer Corporation, FOB shipping point, and $$21,800$ of goods sold to

Alvarez Company for $$30,000,$ FOB destination. Both the Pelzer purchase and the Alvarez sale were in transit at year$-$end.

What amount should Skysong report as its December $31$ inventory?