Todd Sweeney is an artist who sells his work under consignment $($he displays his work in local barbershops, and customers purchase his work there$).$ Sweeney recently transferred a painting on consignment to a local barbershop.

After Sweeney has transferred a painting to a barbershop, the painting:

Multiple Choice

should be counted in either Sweeney's or the barbershop's inventory, depending on which incurred the cost of preparing the painting for display.

should be counted in the barbershop's inventory, as the barbershop now possesses it$.$

We lack sufficient information to know who should carry the painting in inventory.

should be counted in Sweeney's inventory until the barbershop sells it$.$