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Pina Colada Corp. is trying to determine the value of its ending inventory as of February 28, 2017, the company's year-end. The accountant counted everything

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Pina Colada Corp. is trying to determine the value of its ending inventory as of February 28, 2017, the company's year-end. The accountant counted everything that was in the warehouse, as of February 28, which resulted in an ending inventory valuation of s4,760. However, she didn't know how to treat the following transactions so she didnt record them For each of the transactions below, specify whether the item in question should be included in ending inventory and if so, at what amount. (lfitem is not included In the ending Inventory, then enter 0 for the mounts.) a) n February 26, Pina Colada Corp. shipped to a customer goods costing $731. The goods were shipped FOB shipping point, and the receiving report indicates that the customer received th. goods on March 2 (b) On February 20, Martine Inc. shipped goods to Pina Calada Corp. FOB destinatian. Tha invoice price was $324 plus $25 for freight. The receiving report indicates that the goods were received by Pina Colada Corp. on March 2. e) Pina Colada Corp. had $540 of inventory at a customer's warehouse on approval." The customer was going to let Fina Colada Corp. know whether it wanted the merchandise by the end of the week, March 4. (d) Pina Colada Corp. also had 5429 of inventory at a Delle craft shop, on consignment from Pina Colada Corp (e) On February 26, Pina Colada Corp. ordered goods costing $080. The goads were shipped FOB shipping point on Fahruary 27. Pina Colada Corp. received the goods on March 1 (f) On February 28, Pina Colada Carp. packaged goods and had them ready for shipping to a customer FO0B destination. The invoice price was $321 plus S23 for freight; the cost of the items was s291. The receiving report indicates that the goods were received by the customer on March 2. (g) Fina Colada Corp. had damaged goods set aside in the warehouse because they are no longer saleable. These goods originally cost $440 and, originally, Pina Colada Corp, expected to sell these items for $582

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