Giant-Mart Purchased a Large Shipment of Shoes from Primus, Inc

Essay

Giant-Mart purchased a large shipment of shoes from Primus, Inc. on credit near the end of its accounting period.
Primus shipped the shoes in January and Giant-Mart received the shoes in February. Assume that Giant-Mart's accounting period ends on January 31, while Giant's accounting period ends on May 31. Answer each independent question in the set that follows.
REQUIRED: Under what shipping terms would Giant-Mart include the shoes as part of inventory on its January 31 balance sheet?