Kristin's Boutique has identified the following items for possible inclusion in its December $31$ inventory. Which of the following would not be included in the year$-$end inventory? a$.$ Kristin's has sent merchandise to various retailers on a consignment basis. b$.$ Merchandise purchased FOB shipping point was picked up by the freight company but had still not arrived at Kristin's Boutique as of December $31.$ c$.$ Kristin's has in its warehouse merchandise on consignment from Abby Co$.$ d$.$ Kristin's has merchandise on hand that has been returned by customers because of wrong size.