On December 31. 2023, Jen \& Mink Clothing (J\&M) performed the imventory count and determined the year-end ending inventory value to be $84500, it is now January 8,2024, and you have been asked to double check the year-end inventory itsting. JaM uses a perpetual inventory system. Note. Only relevant items are shown on the inventory isting The following situatons have been brought to your attention: 6. On January 3, 2024, J8M received a shipment of 118 blue jackets for $4,484 (tem =7649). The inventory was purchased December 23.2023, FOB destnation from Global Threads This inventory was included in J8M's inventory count and inventory ilsting. b. On December 29,2023 , 18M sold scarves (ttem 25566 is a customer with o sale price of $880 and cost of $590. FOB shipping. The order was shipped on December 30, 2023, 18M bas not included this inventory c. Red Blazers (trem 26193 i) were purchased and shipped from intematonal Co on Decemper 30, 2023, for $3,480, FOB shipping The shpment arrived January 5,2024 , and the appropriate party paid for the shipping charges of $500. Additional costs were $310 for import dutles and $96 for insurance during shipment 48M has not included this inventory. d. At yearend, 18M is holding $11.088 or black pants (item =10924 ) on consignment for designer Duke Co. This ipventory was included in J8M's imentory count and inventory listing e. On December 31, 2023, JsM shipped white shits (item =4291, FOB destination costing $1,270 to a customer The customer was charged $1,400 and the customer recelved the gooas on January 3.2024 . J8M has not included this inventory Required: 1. In stuations (a) to le) determine whether inventory should be included or excluded in inventory at Decermber 31,2023 , if the 1.inentuations fo to should be included determine the correctinventory cost (Do not leave any empty spoces: Input a 0 wherever it is required.)