Assume that Travis's accounting policy requires including in inventory all goods for which it has title. Note that the point where title (ownership) changes hands is determined by the shipping terms in the sales contract. When goods are shipped "FOB shipping point title changes hands at shipment, and the buyer normally pays for shipping. When they are shipped "FOB destination," title changes hands on delivery, and the seller normally pays for shipping. Compute the correct amount for the ending inventory. (Deductible amounts should be entered with a minus sign. If no adjustment is necessary, enter a O in the cell.) Item Amount Ending inventory (physical count on December 31, current year) $ 65,800 a. Goods out on trial to customer b. Goods in transit from supplier c. Goods in transit to customer d. Goods held for customer pickup e. Goods purchased and in transit. f. Goods sold and in transit g. Goods held on consignment Correct inventory, December 31, current year $ 65,800