4- Real World Financial Statements (18 pts plus 5 bonus points) d 20ro an shens and statements of income for Whole Foods Market, Inc. for the fiscal years ended 2010 and 2009 the are included in the following two pages. In addition, the notes to company's financial statements included the following item Inventories out CLIFO") method for its ethost r at the lower of ost or market. Cost was determined using the last-in, first- on the cost of the most recent items purchased. As a result, the e O carrying value, or LIFO reserve, was approximately f os assigned to itemssnventories in fiscal years 2010 and 2009. Under the LIFO method, the tems sold is based costs of the first items th s194 milltimatedcurre costs inventory and are used to value ending inventory. The and $27.1 million at September 26, 2010 and September the ond / 20 70 dng nntories have been under the first-in, fist-out cost flow a 10 and September 27, 2009, respectively. tories have been under the first-in, first-out cost flow assumption at b) What would cost of goods sold have been in 2010 under the first-in, first-out cost flow assumption? (8 pts)