A company purNichols, Inc. had the following balances and transactions during 2024: Beginning Merchandise Inventory as of January 1, 2024 400 units at $82 March 10 Sold 60 units June 10 Purchased 800 units at $84 October 30 Sold 460 units What would be reported for Ending Merchandise Inventory on the balance sheet at December 31, 2024 if the perpetual inventory system and the first-in, first-out inventory costing method are used? A) $4,920 B) $67,200 C) $57,120 D) $32,800chased 400 units for $50 each on January 31. It purchased 150 units for $25 each on February 28. It sold a total of 300 units for $60 each from March 1 through December 31. If the company uses the weighted-average inventory costing method, calculate the cost of ending inventory on December 31. (Assume that the company uses a perpetual inventory system. Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.) A) $23,750 B) $10,795 C) $12,955 D) $9,375