CALCULATOR Multiple Choice Question 82 Crane Company's inventory records show the following data: Inventory, January 1 Purchases: June 18 November Units Unit Cost 9800 $9.00 9000 7.80 7.05 6400 A physical inventory on December 31 shows 4100 units on hand Crane sells the units for $15 each. The company has an effective tax rate of 184. Crane uses the periodic inventory method Under the FIFO method, the December 31 Inventory is valued at O $61500 536900 $31960 $28905