42. Given the following items and costs as of the balance sheet date, determine the value of Faltron Company's merchandise inventory. $1,300 of goods sold by Faltron to another company are in transit and shipping terms are FOB destination. $1,700 of goods sold by another company to Faltron are in transit and shipping terms are FOB destination $2,800 of goods owned by Faltron are in the possession of a consignee. Damaged goods owned by Faltron that originally cost $4,000 now have a $300 net realizable value. O $10,100 $4,400 O $5,700 $6,100 O$4.700