A company just completed a physical inventory count at year-end, December 31. Items were counted and costed on a FIFO basis. The inventory amounted to $40,000. The following information was not included in the inventory amount. (a) Goods costing $600 were being used by a customer on a trial basis. (b) A customer purchased goods for cash amounting to $2,650, but the amounts were not delivered until the next year. The cost of the goods for the company were $1,300, and that amount was included in the physical inventory count. (c) Goods that have not arrived by December 31 from a supplier amounted to $4,550 with the terms FOB shipping point. (d) The company shipped $600 worth of goods to a customer, FOB destination. The goods are expected to arrive in January of the next year. Begin with the $40,000 inventory amount and adjust the ending inventory using the additional items. Assume that the company