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A business uses the specific identification method of costing inventory. During a month, they purchased three cars for $ 5,000, $ 6,500, and $ 8,000,
A business uses the specific identification method of costing inventory. During a month, they purchased three cars for $ 5,000, $ 6,500, and $ 8,000, respectively. During the month, the first two cars are sold for $ 7,500 each. What is the profit for that month for the business? gross Select one: O a: $3,000 O b. $5,500 O c. $ 6,000 O d. $ 1.500 O e. $ 4,500
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