Question - On December 31, Bryant Company had an ending inventory of $114,300 based primarily on a physical count at its warehouse. In computing the final balance of Inventory the following information was available:

(a) Inventory items with a cost of $3,960 were included in ending inventory. These goods were on consinnment from Nelson Company and had not yet been sold on December 31.

(b) Inventory items with a cost of $3,290 were included in ending inventory. These goods were in transit from Bryant Company to Collins Company and were sold FOB shinnina point.

(c) Inventory items with a cost of $3,250 were included in ending inventory. These goods were in transit from Bryant Company to Wilson Company and were sold FOB destination.

Required: Using the information given above, compute the correct final balance of Inventory.