Current Attempt in Progress Your answer is partially correct. Crane Company is trying to determine the value of its ending inventory as of February 28, 2022, the company's year-end. The accountant counted everything that was in the warehouse as of February 28, which resulted in an ending inventory valuation of $45,000. However, she didn't know how to treat the following transactions so she didn't record them. (a 1) For each of the transactions below, specify whether the item in question should be included in ending inventory, and if so, at what amount. (If item is not included in the ending inventory, then enter for the amounts.) (a) Not Included $ 600 On February 26, Crane shipped to a customer goods costing $600. The goods were shipped FOB shipping point, and the receiving report indicates that the customer received the goods on March 2. (b) Not Included $ 0 On February 26, Martine Inc. shipped goods to Crane FOB destination. The invoice price was $300 plus $15 for freight. The receiving report indicates that the goods were received by Crane on March 2 (c) Included Crane had $350 of inventory at a customer's warehouse "on approval." The customer was going to let Crane know whether it wanted the merchandise by the end of the week, March 4. LILLE (d) Crane also had $250 of inventory at a Belle craft shop, on consignment from Crane. Included $ (e) Included On February 26, Crane ordered goods costing $700. The goods were shipped FOB shipping point on February 27. Crane received the goods on March 1. (f) Included On February 28, Crane packaged goods and had them ready for shipping to a customer FOB destination. The invoice price was $300 plus $15 for freight; the cost of the items was $240. The receiving report indicates that the goods were received by the customer on March 2. (g) Not Included $ Crane had damaged goods set aside in the warehouse because they are no longer saleable. These goods originally cost $400 and, originally, Crane expected to sell these items for $600. e Textbook and Media Save for Later Attempts: 3 of 10 used Submit