Urmatilla Bank and Trust is considering giving Blossom Company a loan. Before doing so, it decides that further discussions with \$286,950, Dhcussions with the accountant reveat the following 1 Blossom shipped goods costing $3,940 to Splish Company FOB shipping point on December 28. The goods are not expected to reach Splish until January 12 . The goods were not included in the physical imventory because they were not in the warehouse. 2. The physicalcount of the inventory did not include goods costing $97,100 that were shipped to Blossom FOB destirution on December 27 and were still in transit at year-end. 3. Blossom received goods costins $26,120 on January 2 . The goods were shlpped FoB shipping point on December 26 by Yanice Ca. The goods wed not included in the plysical count. 4. Blossam shipped goods costing $55,230 to Ehier of Canada FOB destination on December 30. The goods were received in Canada on January 8 . They were not included in Blossom's phyical imventory. 5. Bloshom recelived goods costins $38,960 on January 2 that were shipped FOB destination on December 29 . The shipment was a rush order that was supposed to arrive December 31 . This purchase was included in the ending inventory of $286,950 Determine the correct inventory amount on December 31. Correct imventory amount on December 31 5