The following inventory transactions took place near December 31, 2018, the end of the Rasul Company's fiscal year-end . On December 27, 2018, merchandise costing $2.000 was shipped to the Myers Company on consignment. The shipment arrived at Myers's location on December 29, but none of the merchandise was sold by the end of the year. The merchandise was not included in the 2018 ending inventory 2. On January 5, 2019, merchandise costing $8,000 was received from a supplier and recorded as a purchase on that date and not included in the 2018 ending inventory. The invoice revealed that the shipment was made f.o.b. shipping point on December 28, 2018. 3. On December 29, 2018, the company shipped merchandise costing $12,000 to a customer f.o.b. destination. 4. Merchandise costing $4,000 was received on December 28, 2018, on consignment from the Aborn Company. 5. Merchandise costing $6,000 was received and recorded as a pur The goods, which arrived at the customer's location on January 4, 2019, were not included in Rasul's 2018 ending inventory. The sale was recorded in 2018. A purchase was not recorded and the merchandise was not included in 2018 ending inventory revealed that the merchandise was shipped from the supplier on December 28, 2018, f.o.b. destination. The chase on January 8, 2019. The invoice merchandise was not included in 2018 ending inventory