Mamba, Inc. has the following inventory activities: Mamba sold $3,200 of inventory to a customer FOB Shipping Point. This inventory is currently in transit. Mamba possesses $5,000 of inventory as a consignee, which it plans to sell at a local convention Mamba purchased $4,000 of inventory from its vendor FOB Shipping Point. This inventory is currently in transit. What is the value of Mamba's inventory on its balance sheet? $4,000 $3,200. $9,000 $0