F.O.B. Shipping Point indicates that: Select one: O a Merchandise should be included in the seller's inventory as of the date it is shipped by the seller. O b. The buyer should record sales revenue as soon as the merchandise has been shipped Oc Title to the merchandise passes to the buyer only upon receipt at the buyer's warehouse. Od Title to the merchandise passes to the buyer upon shipment by the seller. Oe. The seller should not record sales revenue until the merchandise is received at the buyer's warehouse