Deductions & credits

But it is NOT a business expense.  Although the first link is referring to cash donations, the same applies to Inventory - "If the payments are charitable contributions or gifts, you can’t deduct them as business expenses".  Giving it to charity or to a friend (without a clear, definite business purpose) is not a business expense.

The first 4 of your 5 outcomes have a business purpose.  Donating to charity is not a business purpose.