Algona Supply Company had beginning inventory for the year of $11,000. During the year, the company purchased inventory for $150,000 and ended the owww sa powertory How much should the company report for Cost of Goods Sold for the year? Multiple Choice $13,000 $148,000 $174,000 $161,000 Inventory records for Holiday Supply Company revealed the following: Date Mar 1 Mar 12 Mar 20 Transaction Beginning inventory Purchase Purchase Number of Units 50 200 400 Unit Cost $3 $4 $5 The company sold 600 units during the month. Calculate the ending inventory assuming the company uses FIFO. Multiple Choice $200 O $250 $2,000 O $150 On December 1, 2021 Lansing Company accepted a three-month, 10% note for $10.000 from one of its customers. Joulun Seth, to Lansing Company's accounting year ends on December 31. How much interest revenue from this note should the company record in 2022 pon you were dollar) Maple Choice $167 $250 $1,000 $83