12 Poole Company purchased two identical inventory tems. One of the terms. purchased in January.cost $40. The other purchased in February.cost $52. One of the items was sold in March at a selling price of $140. Assuming that Poole uses a UFO cost flow, which of the following statements is correct? o The balance in ending inventory would be $52. O The amount of grous margin would be $18. O The amount of cost of goods sold would be 540 The amount of ending inventory would be $46.00