Current Attempt in Progress Bonita Company's inventory records show the following data: Units Unit Cost Inventory: January 1 9800 $9.20 Purchases: June 18 8900 7.00 November 85700 8.00 A physical inventory on December 31 shows 4400 units on hand. Bonita sells the units for $13 cach. The company has an effective tax rate of 18%. Bonita uses the periodic inventory method. Under the FIFO method, the December 31 inventory is valued at $35200 $40480 $30800 $47400 Automated unde 72F a ENGO 1:03 PM 4/12/2022