Morgan Enterprises' is doing inventory. In the inventory process, Morgan inadvertently miscategorized a $$14,000$ shipment of FOB

shipping point goods in transit to a customer as FOB destination. How will this miscategorization impact Morgan's total inventory?

It will cause inventory to be $$7,000$ too high.

It will cause inventory to be $$14,000$ too low.

It will cause inventory to be $$14,000$ too high.

It will have no impact on total inventory.