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18) Fill in the Correct Answer: Samson Company had the following balances and transactions during 2019: Beginning Merchandise Inventory 20 units at $94 March 10

18) Fill in the Correct Answer: Samson Company had the following balances and transactions during 2019:

Beginning Merchandise Inventory

20 units at $94

March 10

Sold 17 units

June 10

Purchased 60 units at $100

October 30

Sold 54 units

What is the balance of the company's Merchandise Inventory, as disclosed in the December 31, 2019 balance sheet as per the periodic FIFO inventory costing method

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