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13 of 25 Paper Depot is a wholesaler of office supplies. The activity for Model IIlcalculators during August is shown below Date Balance/ Units Cost

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13 of 25 Paper Depot is a wholesaler of office supplies. The activity for Model IIlcalculators during August is shown below Date Balance/ Units Cost Transaction August 1 Inventory 7 Purchase 2,000 3,000 3,600 4,800 $36.00 12 Sales 21 Prchase 38.00 22 Sales 29 Purchase 38.60 See information for Paper Depot. above. If Paper Depot uses a LIFO cost perpetual inventory system, the ending inventory of Model IIl calculators at August 31 is reported as O a $150,160 O b. $150,080. .$152,960. o d. $146,400 O- Icon Key DOLL

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