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A company's inventory records report the following: DateActivitiesUnits Acquired at CostUnits Sold at RetailAugust 1 Beginning inventory 1 5 units @ $ 4 0 =

A company's inventory records report the following: DateActivitiesUnits Acquired at CostUnits Sold at RetailAugust 1Beginning inventory15 units @ $40= $600 August 5Purchase10 units @ $41= $410 August 12Purchase20 units @ $42= $840 August 15Sales 30 units soldUsing the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?Multiple Choice$420$300$1,220$630$1,850

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