Stallman Company took a physical inventory on December 31 and determined that goods costing $257,060 were on hand. Not included in the physical count were $31,090 of goods purchased from Pelzer Corporation, f.o.b. shipping point, and $27,990 of goods sold to Alvarez Company for $35,020, f.o.b. destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Stallman report as its December 31 inventory? December 31 inventory? $