Exercise 6-16 (Part Level Submission) Sheffield Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 3 sets at $650 each. On January 10, Sheffield purchased 7 units at $670 each. The company sold 2 units on January 8 and 4 units on January (a) ] Your answer is correct. Compute the ending inventory under FIFO. (Round answer to 0 decimal places, e.g. 1,250.) FIFO The ending inventory 20) SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 3 of 3 used