Please explain the effects on the different accounts being affected

Buyers

Sellers

Crane limited

Crane Limited is trying to determine the value of its ending inventory as of February 28, 2027, the company's year-end. The accountant counted everything that was in the warehouse as of February 28 , which resulted in an ending inventory valuation of $39,360. However, she didn't know how to treat the following transactions so she didn't record them. For each of the transactions below, specify whether the item in question should be included in ending inventory, and if so, at what amount. For each item that is not included in ending inventory, indicate who owns it and what account, if any, it should have been recorded in. 1. On February 26, Crane shipped to a customer goods costing $656. The goods were shipped FOB shipping point, and the receiving report indicates that the customer received the goods on March 2. 2. On February 26, Cullumber Inc. shipped goods to Crane FOB destination. The invoice price was $287 plus $21 for freight. The receiving report indicates that the goods were received by Crane on March 2. : Crane had $410 of inventory at a customer's warehouse "on approval." The customer was going to let Crane know whether it wanted the merchandise by the end of the week, March 4. 1. Crane also had $328 of inventory at a Ivanhoe craft shop, on consignment from Crane