What is the correct amount of inventory?

1,090,000 70,000 . 40,000 500,000 13,000 300,000 . Jasmin Company incurred the following costs in relation to its merchandise inventory: Items in the warehouse during the count Items out on consignment at another company's store Items sold on an installment basis (bad debts can be reasonably estimated) Items purchased FOB shipping point that is in transit at December 31 Freight charges on goods purchased above Items purchased FOB destination that is in transit at December 31 Items sold to another company, for which the company has signed an an agreement to repurchase at a set price that covers all costs related to the inventory. Total cost of merchandise is Items sold where large returns are predictable, at cost Items sold FOB shipping point that is in transit at December 31, at cost Items sold FOB destination that is in transit at December 31, at cost Cost incurred to advertise goods held for resale Items held on consignment from another company at selling price of P150,000 and cost of Short-term investments in stocks and bonds that will resold in the near future. Items currently being used for window display Items on counter for sale Items on receiving department, refused by the company because of damage Items included in the count, damaged and unsalable Items in receiving department returned by customer, in good condition (not Included in the count). Merchandise inventory out on approval, at cost Finished special article goods, made to order (included in the count) Office supplies 200,000 30,000 50,000 75,000 10,000 . . 100,000 . . . 125,000 100,000 400,000 360,000 150,000 . . 50,000 100,000 78,000 40,000