Ashton agrees to purchase certain inventory items from Duart

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Ashton agrees to purchase certain inventory items from Duart. Duart is to ship the goods FOB destination. At Ashton's fiscal year-end, Duart called to say that the goods had been shipped and Ashton could expect to receive them within a week. Which of the following is correct?

a. Ashton should include the goods in inventory.

b. Ashton should not include the goods in inventory.

c. Ashton may optionally include the goods in inventory.

d. Ashton may optionally exclude the goods from inventory.

e. None of these.