The following inventory transactions took place near December 31, 2024, the end of the Rasul Company's fiscal year-end: 1. On December 27, 2024, inventory costing \$2,000 was shipped to the Milat Company on consignment The shipment arrived at Milats location on December 29, but none of the inventory was sold by the end of the year. The invertory was not included in the 2024 ending inventory. 2 On January 5,2025 , inventory costing $8,000 was received from a supplier and recorded as a purchase on that date and not included in the 2024 ending inventory. The invoice revealed that the shipment was made fo.b. shipping point on December 28. 2024 3. On Decernber 29,2024, the company shipped inventory costing $12,000 to o customer to b destination. The goods, which anived at the customet's location on January 4, 2025, were not included in Rasur's 2024 ending inventory. The sjle was recorded in 2024 4. Inventory costing $4,000 was received on December 28,2024 , on consignment from the Aborn Company. A purchase was not recorded and the inventory was not included in 2024 ending inventory. 5. Inventary costing $6,000 was received and recorded as a purchase on January 8, 2025. The invoice revealed that the inventory was shipped from the supplier on December 28, 2024, to b. destination. The inventory was not included in 2024 ending inventory Requited: Select whether Rasul correctly accounted foc each of the above transactions