The Kwik Company's inventory balance on December $31,2024,$ was $$240,000($based on a $12/31/2024$ physical

count$)$ before considering the following transactions:

Goods shipped to Kwik f$.$o$.$b$.$ destination on December $20,2024,$ were received on January $4,2025.$ The

invoice cost was $$45,000.$

Goods shipped to Kwik f$.$o$.$b$.$ shipping point on December $28,2024,$ were received on January $5,2025.$ The

invoice cost was $$32,000.$

Goods shipped from Kwik to a customer f$.$o$.$b$.$ destination on December $27,2024,$ were received by the

customer on January $3,2025.$ The sales price was $$55,000$ and the inventory cost $$37,000.$

Goods shipped from Kwik to a customer f$.$o$.$b$.$ destination on December $26,2024,$ were received by the

customer on December $30,2024.$ The sales price was $$35,000$ and the inventory cost $$28,000.$

Goods shipped from Kwik to a customer f$.$o$.$b$.$ shipping point on December $28,2024,$ were received by the

customer on January $4,2025.$ The sales price was $$40,000$ and the inventory cost $$27,000.$

Required:

Determine the correct inventory amount to be reported in Kwik's $2024$ balance sheet.