FOB Date Near the end of 2015, Spruce Co made the following purbases. The months involved in all cases are December 2015 and January 2016 Date Date Dato Goods Invoice Goods Amosint Invoice Shipps Maided $1,575 Destination Red Reed 1229 1/2 1/5 144 2,430 Shipping Point 12 12/29 1/4 1.890 12/30 Shipping Point 12/28 1/2 1/3 2,700 144 Destination 12/29 12/27 1/2 12/28 What amount of the above purchases should be included in Spruce's inventory at December 31, 2015? a $1,575 D. $1,890 $4,320 $4,575 IG Stansbury Company determined its December 31, 2014 inventory to be 51.000.000 based on a physical count priced at cost. It then determined the following additional information Merchandise conting 590,000 wai shipped FOB shipping point from a vendor on December 30, 2014 This merchandise was received and recorded on January 5, 2015 Goods costing $120.000 were stayed on the shipping dock and excluded from imuntory although shipment was not made until January 4, 2015. The poods were billed to the customer FOB shipping point on December 30, 2014 What is Stansbury's eading levey for its December 1, 2014 balance sheer? 31,000,000 $1,090,000 31.120.000 51210,000 E1 dward purchased was 95,00 March 2014. of plied ready for the hoch 17 . IT