9. Akber Departmental Store (ADS) has applied for a loan to Almezaan bank. Before sanctioning loan, the bank decided that further discussion with the accountant of Akber Departmental Store is desirable. One area of particular concern is the inventory account, which has a year-end balance of OMR 76,000. Discussions with the accountant reveal the following. (a) Akber Departmental Store (ADS) sold goods costing OMR8,000 to Bingo Company, FOB destination, on December 28. The goods are not expected to arrive at Bingo Company until January 12. The goods were not included in the physical inventory because they were not in the warehouse. (b) The physical count of the inventory did not include goods costing OMR5,000 that were shipped to Akber Departmental Store (ADS) FOB shipping point on December 27 and were still in transit at year-end. (c) Akber Departmental store received goods costing OMR2,000 on January 2. The goods were shipped FOB destination on December 26 by Jalal Co. The goods were included in the physical count. (d) Akber Departmental Store sold goods costing OMR3,000 to Shan Co., FOB destination, on December 30. The goods were received at Shan Co on January 8. They were not included in Akber Departmental Store's physical inventory