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1 The following information relates to inventory for a Company Price of Date March Quantity 20 $ 2 March 15 3 1 Beginning Inventory 7Purchase 11 Sale 12Purchase March 25 7 March 20 4 At what amount would Company report ending inventory using FIFO cost flow assumptions? A) $55. B) $170. C) $110 D) $70 Select one: B A D Clear my choice 112 The following information relates to inventory for a Company d Date ut of Price Quantity 20 $ 2 15 March March March March 1 Beginning inventory 7 Purchase 11 Sale 12Purchase 3 25 7 4 20 At what amount would Company report ending inventory using LIFO cont flow assumption? A $55 B5170 5110 D) $100