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17) SBA Inc uses wood (raw material) for its production line #2. its beginning inventory on January 1st, 2020, is 300 units purchased at $200,

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17) SBA Inc uses wood (raw material) for its production line #2. its beginning inventory on January 1st, 2020, is 300 units purchased at $200, SBA Inc has purchased during 2020 the following items: February 1st: 450 units at $150 per unit July 1st: 190 units at $175 per unit December 1st: 135 units at $200 per unit SBA Inc. has sold during 2020 the following items: April 1: 275. units October 1: 500 units Required: Using the FIFO method, what will be the total amount of Ending Inventory on July 1st, 2020, (Select 1)(18.25pts) CS105,750 560,000 555.875 $119.500

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