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Hulet's Helmets Co. starts out the year with 100 helmets costing $5 each.During the year they purchase an additional 20 helmets for $10 each.If the

Hulet's Helmets Co. starts out the year with 100 helmets costing $5 each.During the year they purchase an additional 20 helmets for $10 each.If the company sells a total of 50 helmets during the year, what amount would the company record for cost of good sold using the FIFO method?

$250

$500

$350

$291.66

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