Inventory information Orders outstanding 1 Skateboard inventory order placed FOB shipping on September 29, 2021. Order was received on October 2, 2021. Value of inventory $5000. 2 Skatebook accessories inventory ordered placed FOB destination on September 29, 2021. Order received October 2, 2021. Value of inventory $3000. 3 Used inventory held on consignment for local skateboard club valued at $ 1000 was included in inventory Inventory counted at year end Skateboards Accessories Total Cost 16000 4000 20000 Inventory information Orders outstanding 1 Skateboard inventory order placed FOB shipping on September 29, 2021. Order was received on October 2, 2021. Value of inventory $5000. 2 Skatebook accessories inventory ordered placed FOB destination on September 29, 2021. Order received October 2, 2021. Value of inventory $3000. 3 Used inventory held on consignment for local skateboard club valued at $ 1000 was included in inventory Inventory counted at year end Skateboards Accessories Total Cost 16000 4000 20000