Coronado's Used Cars uses the specific identification method of costing inventory. During March, $11600, $14600, and $19200, respectively. During March, two cars are sold for a total of $35100. Coronado determines that at March 31, the $14600 car is still on hand. What is Coronado's gross profit for March? O $4300. O $1300. O $3300. $8900. At May 1, 2020, Sheffield Company had beginning inventory consisting of 210 units with a unit cost of $6.50. During May, the company purchased inventory as follows: 760 units at $6.50 530 units at $8.00 The company sold 1000 units during the month for $12 per unit. Sheffield uses the average-cost method. Using three decimals for the unit cost, the value of Sheffield's inventory at May 31, 2020 is O $3515. O $5553. O $8030. O $4553