(1) Merchandise on hand costing $1,794 was included in the inventory although the purchase invoice was not recorded until April 12, 2014. (2) Merchandise shipped on April 1, 2014, was included in inventory--the cost of this merchandise was $2,219, and the sale was recorded as $3,138 on March 31, 2014. (3) Merchandise costing $12,150 was included in the inventory although it was shipped to a customer on March 31, 2014, FOB shipping point; the company recorded the sale of $19,246 on that date. (4) Merchandise costing $1,820 was not counted. (5) Merchandise in transit (shipped to the company FOB destination) was recorded as a purchase as of April 2, 2014, and its cost of $17,287 was not included in the March 31, 2014, inventory. Assuming that the company does not maintain a perpetual inventory system and that the books for the fiscal year have been closed, provide the necessary correcting entries.