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Help Save & EX A company had the following purchases and sales during its first year of operations: January: February: May: September: November: Purchases 10

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Help Save & EX A company had the following purchases and sales during its first year of operations: January: February: May: September: November: Purchases 10 units at $120 Sales 10 units at $120 6 units 20 units at $125 5 units 15 units at $130 9 units 12 units at $135 8 units 10 units at $140 13 units On December 31, there were 26 units remaining in ending inventory. Using the Periodic FIFO inventory valuation method, what is the value of cost of goods sold? (Assume all sales were made on the last day of the month.) Multiple Choice $5,130. $5,400. () $3,270. $3,540. $8,670.

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