In Sheridan's warehouse on February $29$ is $$410$ of inventory that

Craft Producers shipped to Sheridan on consignment.

On February $27,$ Sheridan shipped goods costing $$940$ to a

customer and charged the customer $$1,280.$ The goods were

shipped FOB destination and the receiving report indicates that

the customer received the goods on March $3.$

On February $26,$ Teulon Company shipped goods to Sheridan,

FOB shipping point. The invoice price was $$370$ plus $$35$ for

freight. The receiving report indicates that the goods were

received by Sheridan on March $2.$

Sheridan had $$610$ of inventory put aside in the warehouse. The

inventory is for a customer who has asked that the goods be

shipped on March $10.$

On February $26,$ Sheridan issued a purchase order to acquire

goods costing $$735.$ The goods were shipped FOB destination.

The receiving report indicates that Sheridan received the goods

on March $2.$