In Dec 2026, Orange Inc sold goods costing $650 to Grocer Corp for $1,200. The goods were shipped from Orange on Dec 30, 2026 and arrived at Grocer's factory on Jan 5, 2027. Assuming the contract has terms f.o.b. destination: Orange should include $650 for the goods-in-transit when calculating 2026 ending inventory. Grocer should include $1,200 for the goods-in-transit when calculating 2026 ending inventory. Grocer should include $650 for the goods-in-transit when calculating 2026 ending inventory. Orange should include $1,200 for the goods-in-transit when calculating 2026 ending inventory. O