Sandhill Company is trying to determine the value of its ending inventory as at February 28, 2021, the company's year end. The accountant counted everything that was in the warehouse as at February 28, which resulted in an ending inventory valuation of $68,000. However, he was not sure how to treat the following transactions, so he did not include them in inventory: For each of the below transactions, specify whether the item should be included in ending inventory, and if so, at what amount. Sandhill Company shipped $900 of inventory on consignment to Carla Vista Company on February 20. By February 28, Carla Vista Company had sold $365 of this inventory for Sandhill. 1. 2. On February 28, Sandhill was holding merchandise that had been sold to a customer on February 25 but needed some minor alterations. The customer has paid for the goods and will pick them up on March 3 after the alterations are complete. This inventory cost $500 and was sold for $880. In Sandhill's warehouse on February 28 is $410 of inventory that Craft Producers shipped to Sandhill on consignment. 3. 4 On February 27, Sandhill shipped goods costing $970 to a customer and charged the customer $1.290. The goods were shipped FOB destination and the receiving report 5. On February 26, Teulon Company shipped goods to Sandhill, FOB shipping point. The invoice price was $390 plus $35 for freight. The receiving report indicates that the goods were received by Sandhill on March 2. Sandhill had $600 of inventory put aside in the warehouse. The inventory is for a customer who has asked that the goods be shipped on March 10. 6. On February 26, Sandhill issued a purchase order to acquire goods costing $745. The goods were shipped FOB destination. The receiving report indicates that Sandhill received the goods on March 2 7. 8. On February 26, Sandhill shipped goods to a customer, FOB shipping point. The invoice price was $360 plus $26 for freight. The cost of the items was $300. The receiving report indicates that the goods were received by the customer on March 4. What is the revised ending inventory valuation? Revised ending inventarvavaluation $