SVB Financial Group ships merchandise to Lionbridge in a consignment arrangement. The arrangement specifies that Lionbridge will attempt to sell the merchandise, and in return, SVB Financial Group will pay to Lionbridge a 25% sales commission on any merchandise sold. During the year, SVB Financial Group ships inventory with a cost of $127,500 to Lionbridge. By the end of the year, $98,000 of the merchandise has been sold to customers for a total of $134,400. What amount of inventory will SVB Financial Group report at year end?