Splish Brothers, Inc.'s inventory of $872,000 at December 31,2017 , was based on a physical count of goods priced at cost. The total does not include any adjustments for the following items. (a) Goods shipped from a vendor f.o.b. destination on December 24,2017 , at an invoice cost of $11,000 to Splish Brothers were received on January 4, 2018. These goods were excluded from the physical count. (b) The physical count excluded goods held by a retailer (Deals Corp.) on consignment for Splish Brothers, Inc. The cost of these goods to Splish Brothers was $34,000. Splish Brothers did not record a sale when it shipped the goods to Deals. (c) The inventory included $45,000 of goods that were in Splish Brothers's warehouse on the morning of December 31 , 2017 but were shipped to a customer f.o.b. shipping point later that day, after they had been included in the physical inventory count. What inventory amount should appear on Splish Brothers's December 31, 2017 balance sheet? Inventory to be reported $