Identify items in inventory.

E$6\mathrm{.}1($L$.1)$ K Sam's Surplus Supply had the following inventory situations to consider at January $31,$ its year end:

Goods held on consignment for MailB$$xes Etc. since December $22$

Goods that are still in transit and were shipped to a customer, FOB destination, on January $28$

Goods that are still in transit and were purchased from a supplier, FOB destination, on January $25$

Goods that are still in transit and were purchased from a supplier, FOB shipping point, on January $29$

Freight costs due on goods in transit from item $4$ above

Freight costs due on goods in transit from item $2$ above

Instructions

Which of the above items should Sam's Surplus Supply include in its inventory? Provide an explanation.

Determine correct inventory amount.