Oriole Limited is trying to determine its ending inventory as of February 28, 2027, the company's year-end. The accountant counted everything that was in the warehouse as of February 28, which resulted in an ending inventory of $54,000. However, she needed help in determining how to handle the following items. For each of the transactions below, specify whether the item in question should be included in ending inventory, and if so, at what amount.

Oriole Limited is trying to determine its ending inventory as of February 28,2027 , the company's year-end. The accountant counted everything that was in the warchouse as of February 28 , which resulted in an ending inventory of $54000 However she needed help in determining how to handle the following items. For each of the transactions below, specify whether the item in question should be included in ending inventory, and if so, at what amount. (a) On February 26, Oriole shipped goods to a customer costing $1,280. The goods were shipped FOB shipging point, and the customer received the goods on March 2 . (b) On February 26, Martine Inc shipped goods to Oriole FOB destination. The invoice price was $450 plus $30 for freight The receiving report indicates that the roods were received by Oriole on March 2 (c) Oriolehad \$640 of imventory at a customer's warehouse "on approval" The customer was going to let Oriole know whether it wanted the merchandise by the end of the week, March 4 (d) Oriole also had $800 of inventory at a Belle craft shop, on consignment from Oriole. (e) On February 26, Oriole ordered goods costine $1,060. The goods were shipped FOB shipping point on February 27. Oriole rectived the goods on March 1 (i) On February 20, Oriole packaged zoods and had them ready for shipping to a customer FOB destination. The invoice price was $450 plus $30 for freight; the cost of the titems was $265 The goods were received by the customer on March 2 (i.) Oriole had damaged goods set aside in the warehouse because ther are no longer saleable. These goods originally cost $450 and originally, Oriole expected to sell these items for $640