Daniels Arts Sales uses the perpetual inventory system. On September $30,2022,$ the companys year$-$end, a physical count was taken of the inventory on hand, The cost of the inventory on hand was determined to be $$412500.$ However, the accountant has questions about the following items:$1.$ On the store shelves, the staff counted $7$ paintings held by Daniels Art Sales on consignment from a local artist. The paintings are included on the inventory count at a cost of $$4,200\mathrm{.}2.$ On September $30,$ a shipment of goods was sent to a customer, FOB destination. The cost of the goods shipped is $$7,800,$ and freight, which is to be paid by Daniels Arts Sales, will cost $$200.$ These items are not included in the inventory count$\mathrm{.}3.$ On October $2,$ a freight company delivered goods that cost $$10,000$ to Daniels Arts Sales warehouse. The goods had been shipped by the vendor on September $29,$ FOB shipping point. Freight on this shipment will amount to $$500$ and will be paid by the appropriate party. The goods are not included on the inventory count$\mathrm{.}4.$ The goods set aside have a cost of $$1,300.$ The customer intends to let Daniels Arts Sales know no later than October $2$ whether or not he wishes to finalize the sale and have the goods shipped to his home. The freight will cost $$50$ and will be paid by Daniels Art Sales. The sales person was fairly sure the customer will take the items; and so prepared the sales invoice on September $30.$ The items are not included on the inventory count$\mathrm{.}5.$ Residing in Daniels Art Sales warehouse is merchandise costing $$5,000$ that was purchased in September was found to be defective. Daniels Art Sales purchasing manager has arranged with the vendor to accept returns of the damaged goods packaged them for return shipment. The vendor processed a credit to Daniels Art Sales account on September $28$ has arranged to have the goods picked up on October $1.$ The items are included on the inventory count.