Finney Corp. sells one product. Extracts from the financial statements for 2016 are as follows. Finney Corp. uses the FIFO method for inventories... Operating results for 2016 are as follows. Year Ending: Dec 31, 2016 Revenue: $10,440 Gross Profit: $4,896 Inventory Turnover Ratio: 1.3628 Inventory, Dec 31, 2015: $3,600 How much will Finney Corp. report as total $inventory on Dec 31, 2016 O 3,629 O 3,856 O 3,600 O 4,068 0 4,536 Kahn Corp. sells one product. Extracts from the financial statements for 2016 are as follows. Kahn Corp. uses the FIFO method when accounting for inventories. Year Ending Dec 31, 2016 Revenue: $6,960 Gross Profit: $3,264 Purchases: $4,320 Reported Inventory Turnover Ratio: 1.3628 How much will Kahn Corp. report as total inventory in dollars on Dec 31, 2016? O 2,903 O 3,024 O 3,145 O 3,266 3,387