As the accounting consultant for Rodriguez Company, a merchandising company, you have been asked to assist management in determining the proper accounting for items related to merchandise inventory.Required:For each of the following four items, determine whether or not each would be included in the cost of ending merchandise inventory.Sales Discounts :Included? OR Not Included?Freight Out (Delivery expense)Included? OR Not Included?Cost of inventory on handIncluded? OR Not Included?Freight-InIncluded? OR Not Included?