estion 3 Indicate whether the following merchandise in transit should be included or excluded from the company's inventory at year end, December 31. A. Exclude 1. $2,000 of merchandise purchased from a supplier, shipped FOB shipping point on December 29, in transit at year-end. B. Include 2. $1,000 of merchandise shipped to a customer on December 30, FOB destination. The goods arrived at the customer's location on January 5