Valuation of Inventory

Purchased goods in transit, under terms FOB shipping point, invoice price $$4,000,$ freight costs $$250.$

Goods out on consignment to Marlman Company, sales price $$5,600,$ cost of goods $$3,050,$ shipping costs $$300.$

Goods held on consignment by Reddall at a sales price of $$2,700$ which included sales commission of $20\%$ of sales price.

Purchased goods in transit, shipped FOB destination, invoice price $$2,100$ which included freight charges of $$190.$

Required:

Determine the cost of the ending inventory that Reddall should report on its December $31$ balance sheet.