Blake Ltd sells electronic devices and during the year the company bought five stock of components respectively: 120 in February 150 in April 160 in June 180 in August 140 in October During the year it sold two devices and follows the FIFO method of valuation. Which of the following statements is correct? a Select one the cost of Inventory is 480 and the cost of sales is 270 b. the cost of Inventory is 410 and the cost of sales is 340 Od the cost of Inventory is 490 and the cost of sales is 260 d the cost of Irwentory is 430 and the cost of sales is 320