Ownership of goods is transferred when delivered to the buyer's place of business. OS 5-2 identifying inventory costs c2 Costs of $5,000 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shipping point) for a cost of $200. Additional necessary costs of $400 were incurred to acquire the goods. No other incentives or discounts were available. What is the buyer's total cost of merchandise inventory? a. $5,000 b. 55,200 c. $5,400 d. $5,600