39. Dare Sports markets a climbing kit and uses the perpetual inventory system to account for its merchandise. The beginning balance of the inventory and its transactions during January were as follows: January 1 Beginning balance of 18 units at S13 each January 12 Purchased 30 units at $14 each January 12 Sold 24 units at S30 Rolling price encli January 20: Pure Rand 24 units at $17 ench January 27 Sold 27 units at $30 selling price each If the ending inventory is reported at $276, which inventory method was used? 3 points A LIFO method B. FIFO method C. Weighted average method D. Specific identification method