25-In 13/11/2018 Haifa company (Palestine) Purchased inventory of $ 54, 700 from Quanzhou company from China. FOB Destination point.

In 17/11/2018 Haifa company Purchased inventory of$ 37,900, from Roger company - Turkey FOB Shipping point. And the purchase term was 40% cash and the rest is under the term of 3/10/N90.

The following is the current assets of the company before the purchase of

inventory

Current Assets

Cash and cash equivalent

Account receivables

Less: Allowance for doubtful account

Inventory

Short term investment Prepaid insurance

Total Current Assets

$ 285,419

76,122

49.540

67.556

10,215

$ 488,852

In 31/12/2018 The inventory was in Dubai see port and it expected to be in Haifa see port in 14/01/2019. Based on that How much the inventory at 31/12/2018.

78,522

2.400