Gentek Co. has the following data related to an item of inventory: The value assigned to ending inventory if Gentek uses LIFO is a. $1,092. b. $1,168. c. $1,160. d. $1,104. Goods in transit which are shipped f.o.b. shipping point should be a. included in the inventory of the buyer. b. included in the inventory of the shipping company. c. included in the inventory of the buyer or the seller, depending on what type of inventory system each uses. d. included in the inventory of the seller