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12/1/20 Beginning Balance of 36 units at $400.00 per unit 12/5/20 Purchase with cash 24 units at $420.00 per unit 12/8/20 Sell with cash 41
12/1/20 Beginning Balance of 36 units at $400.00 per unit
12/5/20 Purchase with cash 24 units at $420.00 per unit
12/8/20 Sell with cash 41 units at $777.00 per unit
12/15/20 Purchase with cash 52 units at $391.00 per unit
12/20/20 Sell with cash 27 units at $792.24 per unit
Using the perpetual FIFO inventory method, what will be the value of the inventory account after all transactions have been recorded?
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