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Current Attempt in Progress Sheridan Company has the following data related to an item of inventory: Inventory, March 1 390 units @ $1.80 Purchase, March

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Current Attempt in Progress Sheridan Company has the following data related to an item of inventory: Inventory, March 1 390 units @ $1.80 Purchase, March 7 1380 units @ $1.90 Purchase, March 16 300 units @ $1.95 Inventory, March 31 590 units The value assigned to cost of goods sold if Sheridan uses FIFO is O $1082. O $2827. $2773 O $1139

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