Gomez Company just took its physical inventory. The count of inventory items on hand at the companys business locations resulted in a total inventory cost of $300,500. In reviewing the details of the count and related inventory transactions, you have discovered the following. 1. Gomez has sent inventory costing $25,500 on consignment to Kako Company. All of this inventory was at Kakos showrooms on December 31. 2. The company did not include in the count inventory (cost, $20,000) that was sold on December 28, terms FOB shipping point. The goods were in transit on December 31. 3. The company did not include in the count inventory (cost, $17,500) that was purchased with terms of FOB shipping point. The goods were in transit on December 31.