Bend Ski and Board Shop sell snowboards. They made the following purchases of the Supermodel X FreeRider Board from Burton Co. during the year: 20 at $115 in Sept 40 at $120 in Oct; 20 at $125 in Nov By the end of the year, 58 snowboards were sold. The LIFO Cost of Goods Sold is: $6,860$6,960$7,060 Question 14 5 pts Your TV is stolen. You bought the TV 3 years ago for $570 but because of its age, is worth only $500. Similar new TV's are selling for $1,000. Assuming that you have coverage for theft what amount will you receive from the insurance company if reimbursement is based on replacement cost (no deductible)? $570 $500 $1,000