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Based on its physicol count of inventory in its warehouse at yearend. Decenoer 3 of the curtent year, Plummer:Company pianned to report invertory or 534.900 . Dungh vhe audit the independent CPA developed the following odditonal informator a. Goods fram a suppler cowing 5690 are in transi wah UPS on December 3 of the current yeor the terms are FO8 shiphing point (expianed in the "Requied" section) Eecbuse these goods had not yet amived, they were excluded from the physical invectory count 6. Plummer delivered somples costing 54890 to a customer on Decemper 27 of the curtent yeog whe the understanding that they would be retumed to Plummer on January ts of the next year Becouse these goods were not on hand, they weit excluded trom the invertory count c. On December 31 of the currerit year, goods in transit to customers. With terms FOB shipping point, amounted to $7.000 lexpected delivery aste jahuafy to af the neat yean teccedte the good had been thigped. they were excluded from the physicel invemory count d. On December 31 of the currem year goods in transit to customers with terms FOe dest hation, amounted to 32700 iexpected deivery dote january 10 of the next yeag) Because the goods had been whipoed, they weic enclubed from the plytichl inventory count. Requlred: Requlied: Piummer's accounting policy requires including in inventory ail goods for which i has taie. Nole that the point were taje fowneishipi changes hands is determined by the shipping terms in the sales contract When goods are shipped "FOB shipping poirt," tele changet hands at shipment and the buyer nomally pays for shipging When they are shipped "FOB destination": tite changes nands on delivery. snd the selier normbily obys for shipping. Compute the carrect amount for the ending inventory. Note: if no acpustment lo necesiery, enter a 50 in the cell