Ce Question 101 Waterway Industries has the following data related to an item of inventory: Inventory, March 1 370 units @ $1.80 Purchase, March 7 1370 units @ $1.90 Purchase, March 16 340 units @ $2.20 Inventory, March 31 500 units The value assigned to cost of goods sold if Waterway uses FIFO is $3018. $2965. $913. $965