Current Attempt in Progress Waterway Industries has the following data related to an item of inventory: Inventory, March 1 Purchase, March 7 Purchase, March 16 Inventory, March 31 440 units @ $2.30 1420 units @ $2.40 300 units @ $2.45 570 units The value assigned to cost of goods sold if Waterway uses FIFO is $1324. $3772. $3832 S1385. e Textbook and Media Save for Later