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31 The following information pertains to inventory for a company: March 1 Beginning inventory =29 units @$5.50 March 3 Purchased 19 units @ 3.90 March

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The following information pertains to inventory for a company: March 1 Beginning inventory =29 units @$5.50 March 3 Purchased 19 units @ 3.90 March 9 sold 23 units @ 8.60 What is the ending inventory balance, assuming the company uses FIFO? (Do not round your Intermedlate calculetions. Round your answer to the nearest dollar amount.) Multiple Choice $107 $74 $130 $138

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