Which of the following items would not be included as part of the inventory balance of Clair Inc. on December 31, 2020?

Select one:

A. Clair shipped $16,000 of goods to a customer; however, Clair retains legal title of the goods until the goods are sold to the final customer. The customer may return the goods at any time.

B. Clair shipped $2,000 of goods to a customer, terms f.o.b. shipping point, that are still in transit.

C. Clair purchases $4,000 of goods from a vendor, terms f.o.b. shipping point, that are still in transit.

D. Clair sold goods to a customer for $5,000, but the contract obligates Clair to buy back the inventory in 90 days.

Please provide correct answer ASAP. thank you