What is the inventory amount on December 31 from the following transactions: Josef sold goods costing $38,000, to Sorci Company FOB shipping point on December 28, The goods are not expected to arrive At Sorci until January 12. The goods were not include in the physical inventory because they were not in the warehouse.

The physical count of the inventory did not include goods costing $95,000 that were shipped FOB destination on December 27 and were still in transit at year-end.

Josef received goods costing $22,000 on January 2. The goods were shipped FOB shipping point on December 26 by Solita company. The goods were not included in the physical count.

Josef sold goods costing $35,000 to Natali Co., FOB destination, on December 30. The goods were received at Natali on January 8. They were not included in Josef's physical inventory.

Josef received goods costing $44,000 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 $297,000