Boston Metal Inc. counted its inventory at the year end and arrived at a total amount of $48,000. However, this figure did not include any of the following: Goods purchased in transit, FOB shipping point, $5,000 Goods sold in transit, shipped FOB shipping point, $2,000 Goods at a customer's location for testing, $500 The correct amount of inventory at December 31 is: OA) $53,500 B) $53,000 C) $55,500 D) $48,500