Tim had physical count of inventory on hand of $10,000 on 12/31/2021. Two other situations concerned Tim:

(1) Goods, FOB Destination, were shipped by Tim to Jenna costing $5,000 and sold for $7,000. The goods were shipped on 12/29/2021 and Jenna received them on 1/3/2022.

(2) Goods, FOB Shipping Point, were shipped by Tim to Chun costing $2,000 and sold for $3,000. The goods were shipped on 12/27/2021 and Chun received them 1/5/2022.

What was Tim's inventory at the end of 12/31/2021?