Gear Corporation started 3024 with $109,000 of inventory on hand. During 2024,5520,000 in inwentory was purchasod on occount with credit teims of 4/15, n/45. All discounts were taken. Purchases were all made fob. shipping point. Gear Corporation paid freight chmrges of \$8,100, Inventory with an irvolce amount of 54,500 was retumed for credit. Cost of goods sold for the year was 5366,000 . Gear Corporafion uses a porpetual impontory system. What is chding inventory assuming Gear Corporation uses the gross method to record purchases? Multole Ereice 527100 52asind 3245920 5266,600 Ealdwin company adopted the doliot-value Lifo inventory methotf on January 1, 2024. tn applying the LIFO method, Baidwin uses intomol cost indegict and the mistble-pools approach. The following dath were ovalable for Inventory Pool No, 3 For the two years following the adoetian at LiFO Under the doliamyblue LFO methed, the irventory on December 3t, 2025, should be