Panasonic Lumix DMC-TS1 12MP 4.6x Zoom Digital Camera for $264.95 shipped.  Here is a screenshot for your reference.  This camera is waterproof to a depth of 10 feet.  It features a 12-megapixel sensor, Leica DC Vario-Elmar lens with 4.6x optical zoom from the useful moderately wide angle zoom at 28mm to telephoto at 128mm with image stabilization, 2.7" LCD, image stabilization, AVCHD video recording, face detection, and more.  Most places have this waterproof digital camera for about $297 or more.