• Husky Company had in its physical count of inventory at December 31, 2015 of $62,000 the following items: Goods sold FOB shipping point of $4,000 still in transit at December 31. Goods being sold on consignment not yet sold and still at the consignees store at December 31, $7,000. Goods sold FOB destination costing $8,000 which had not arrived at the purchasers pick up point by December 31.

Determine the correct ending inventory.