: Forever Young Game Stores (FYG) has taken a physical count of its inventory at March 31, its fiscal year- end. After reviewing the accounting records and documentation, the following items have been discovered: (a) An invoice from Shreck Co. indicates that $30,000 of games were shipped to FYG on March 27, terms FOB shipping point. The games and invoice did not arrive at FYG until February 2 and were not included in the physical count. (b) An invoice from Gamers, Inc. indicates that $8,000 of games were shipped to FYG on March 29, terms FOB destination. The games and invoice did not arrive at FYG until February 2 and were not included in the physical count. The physical count and cost assignment on March 31 prior to these two items is $440,000. The cost of goods sold for FYG is $2,100,000. 1. Calculate the amount that should be reported as ending inventory for FYG. 2. Calculate the days' sales in inventory ore and after the appropriate adjustments for inventory.