12 For each transaction of Sealy Company, (a) determine whether or not Sealy owns the goods during transit. (b) If Sealy is responsible f transportation costs, record the entry for shipping costs assuming they are paid in cash and the perpetual inventory system is used. 1.5 points Complete this question by entering your answers in the tabs below. Skipped Required A Required B Determine whether or not Sealy owns the goods during transit. eBook Transaction Sealy has Ownership? Print 1. Purchased goods FOB shipping point. Transportation costs are $790. 2. Sold goods FOB destination. Transportation costs are $390. References 3. Sold goods FOB shipping point. Transportation costs are $540. 4. Purchased goods FOB destination. Transportation costs are $220. < Required A Required B >