JAT is finalizing the ending inventory balance. The following information has been collected: a. The goods counted in the physical inventory had a gross invoice amount of $290,600 for the goods purchased. JAT purchases primarily from one supplier and received the early payment discount of 2% off the purchase of the goods. b. The HST and import fee on the above purchase totalled $23,800 and $3,900, respectively. c. $40,200 of goods in transit to a retailer were excluded from the above count. The company shipped these products using FOB destination. d. $19,000 of goods in transit to a retailer were excluded from the above count. These goods were FOB shipping point. e. Goods with a total cost of $78,000 have been shipped and received by various retailers. The retailers have a 60-day return period for up to 25% of the goods purchased. These goods were excluded from the count. Historically 5% of the total goods shipped are returned. f. Cost of goods on consignment with retailers of $27,600. Total includes expected commissions of 20% to be received when the goods are sold. g. Storage costs for the inventory $11,200.