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Nash's Trading Post, LLC took a physical inventory on December 31 and determined that goods costing...

Nash's Trading Post, LLC took a physical inventory on December 31 and determined that goods costing $208,000 were on hand. Not included in the physical count were $30,000 of goods purchased from Swifty Corporation, FOB, shipping point, and $23,500 of goods sold to Marigold Corp. for $30,000, FOB destination. Both the Swifty purchase and the Marigold sale were in transit at year-end.

What amount should Nash report as its December 31 inventory?

Ending Inventory $enter the Ending Inventory in dollars
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