Concord sold goods costing $63,000 to Lisa Company FOB shipping point on December 28. The goods are not expected to reach Lisa until January 12. The goods were not included in the physical inventory because they were not in the warehouse. (b) The physical count of the inventory did not include goods costing $94,200 that were shipped to Concord FOB destination on December 27 and were still in transit at year-end. (c) Concord received goods costing $25,000 on January 2. The goods were shipped FOB shipping point on December 26 by Blue Spruce Company. The goods were not included in the physical count. (d) Concord sold goods costing $39,300 to Waterway Company FOB destination on December 30. The goods were received by Waterway Company on January 8. Because the goods had been shipped, they were excluded from the physical inventory count. (e) Concord received goods costing $42,700 on January 2 that were shipped FOB destination on December 29. The shipment was a rush order that was supposed to have arrived on December 31. This purchase was included in the ending inventory of $183,000. (f) Concord Company, as the consignee, had goods on consignment that cost $3,400. Because these goods were on hand as of December 31, they were included in the physical inventory count.