23. Belmond Company uses the periodic FIFO method to value inventory and had the following transactions in the period. What are the cost of goods sold and ending inventory balances in dollars for the period? Date Transaction 1/1 Beginning balance 1/2 Purchase 1/5 Sale 1/6 Sale of units 150 200 100 200 Cost per unit $10 $12 COGS Ending Inventory A) 3,900 B) 2,500 C) 3,100 D) 3,300 1,000 1,400 800 600