Question 5 (12 points) All questions must be answered on-line in the space provided. #5 12 marks, suggested time 7 minutes At Spruce Inc. you find the following transactions near their year-end date of February 28. Assuming that each of the amounts is material, indicate below whether the merchandise should be included in Spruce's inventory at February 28 and if so, at what dollar amount. Format BI U Item Include: yes or no? Amount? Format V Include: yes Item or no? Amount? Spruce purchased goods FOB shipping point from a supplier. The inventory cost $1,350. The appropriate party paid freight charges of $95. The supplier shipped the goods on February 26th and Spruce received the goods on March 3. Spruce purchased goods FOB destination from a supplier. The inventory cost $1,500. The appropriate party paid the freight costs of $150. The supplier shipped the goods on February 27 and Spruce received the goods on March 4. Spruce shipped goods costing $1,900 FOB destination to a customer. The appropriate party paid the freight costs of $200. The receiving report indicates that the customer received the goods March 7