As a result of a thorough physical inventory, Railway Ltd. determined that it had inventory worth €180,000 at December 31, 2025. This count did not take into consideration the following facts. Rogers Consignment currently has goods that would cost €35,000 on its sales floor that belong to Railway but are being sold on consignment by Rogers. The selling price of these goods is €50,000. Railway purchased €13,000 of goods that were shipped on December 27, FOB destination, that will be received by Railway on January 3. Determine the correct amount of inventory that Railway should report.

a. €230,000.

b. €215,000.

c. €228,000.

d. €193,000.