Carla Vista Services is trying to determine the value of its ending inventory as at February 29, 2024, the company's year end. The following transactions occurred, and the accountant asked for your help in determining whether they should be recorded or not. 1. On February 26, Carla Vista shipped goods costing $840 to a customer and charged the customer $1,040. The goods were shipped with terms FOB shipping point and the receiving report indicates that the customer received the goods on March 2. 2. On February 26 , Crain Inc. shipped goods to Carla Vista under terms FOB shipping point. The invoice price was $490, plus $70 for freight. The receiling report indicates that the goods were received by Carla Vista on March 2. 3. Carla Vista had $760 of inventory isolated in the warehouse. The inventory is designated for a customer who has requested that the goods be shipped on March 10. 4. Also included in Carla Vista's warehouse is $740 of inventory that Korenic Producers shipped to Carla Vista on consignment. 5. On February 26 , Carla Vista issued a purchase order to acquire goods costing $940. The goods were shipped with terms FOB destination on February 27. Carla Vista received the goods on March 2. 6. On February 26, Carla Vista shipped goods to a customer under terms FOB destination. The invoice price was $430; the cost of the items was $280. The receiving report indicates that the goods were received by the customer on March 2 . Question 8 of 14 1. Include v$840 2. Include $490 3. Exclude $ 4. Exclude $I 5. Exclude $ 6. Exclude $ 7. $ Save for Later Attempts: 0 of 1 used 7. Carla Vista had goods set aside in the warehouse because they are to be returned to the supplier for a full refund. These goods originally cost $440, and Carla Vista had expected to sell these items for $640. For each of the preceding transactions, specify whether the item in question should be included in ending inventory, and if so, at what amount