Godchaux Inc $€ 275,000$ Of Goods Were on Hand $€ 60,000$ Of Goods Were in Transit, Shipped F

Godchaux Inc. took a physical inventory at December 31, 2010 and determined that $€ 275,000$ of goods were on hand. In addition, the following items were not included in the physical count: (1) $€ 60,000$ of goods were in transit, shipped f.o.b. destination (goods were received by Godchau $\times$ three days on January,3 2011) and (2) the company shipped f.o.b. destination $€ 25,000$ worth of inventory on December 29 . The goods arrived at the buyer's place of business on January 2, 2011. What amount should Godchaux report as inventory at the end of $2010 ?$

A) $€ 275,000$ .
B) $€ 335,000$ .
C) $€ 300,000$ .
D) $€ 360,000$ .