Bird Products, an online retailer, had the following purchase and sales activity for a particular inventory item during the month of August Units Cost Aug. 1-Inventory Aug. 19-Purchase $ 126 S 141 Aug 21-Purchase 1 $144 Selling Price Aug. 26-Sale $ 180 If Bird Products uses the Average inventory costing method, what amount of post of goods sold will the company report for the month? QUESTION 35 Which of the following are current assets? Motor Vehicles Merchandise Inventory Oa. Neither Motor Vehicles nor Merchandise Inventory b. Merchandise Inventory only c. Both Motor Vehicles and Merchandise Inventory d. Motor Vehicles only QUESTION 36 Which of the following is one of the distinct groupings normally reported on a classified balance sheer? Gross Profit Payroll Liabilities Oa. Both Gross Profit and Payroll Liabilities Ob.Gross Profit only Oc. Payroll Liabilities only d. Neither Gross Profit nor Payroll Liabilities