Goods in transit, f.o.b shipping point, to Spartan Co. from a vendor on December 31, 2019 were received on January 4, 2020. The invoice cost was $50,000 How should Spartan Co. treat theses goods on December 31, 2019? Subtract 100,000 from ending inventory Susbtract 50,000 from ending inventory. Add 100,000 to ending inventory. None of the answer choices is correct. Add 50,000 to ending inventory