The unadjusted inventory balance of Ann Corp. is $$850,000$ on December $31$ based on a physical inventory count. The following items must be considered before the inventory valuation is finalized.

a$.$ On December $31,$ the physical inventory excluded $$850$ of merchandise inventory shipped to Ann Corp. from a vendor f$.$o$.$b$.$ destination that arrived on January $1$ of the following year.

b$.$ On December $31,$ the physical inventory included $$30,600$ of merchandise inventory held on consignment by a customer. Ann Corp. is the consignor.

c$.$ On December $31,$ the physical inventory included $$1,360$ of merchandise held on consignment. The consignor is Ann$$s largest vendor.

d$.$ $$30,600$ of in$-$transit merchandise was shipped f$.$o$.$b$.$ shipping point to a customer and was excluded from the physical inventory count. The merchandise was shipped on December $28$ and is expected to arrive at the customer on December $31.$

e$.$ Goods are in transit from a vendor to Ann on December $31.$ The invoice cost was $$20,400,$ and the goods were shipped f$.$o$.$b$.$ shipping point on December $28.$ The merchandise was excluded from the physical inventory count because they had not been delivered.

f$.$ Merchandise with a cost of $$510$ is being held in the receiving department for return. The merchandise was excluded from the physical inventory count.

Required

Review items a through f and determine the adjusted inventory balance for year$-$end December $31.$

Adjusted inventory balance on December $31$:$\_\_\_\_\_\_\_\_\_\_$