I need assistance on how to resolve this scenario step by step, please.

SwiftyCompany's inventory records show the following data:

Units

Unit Cost

Inventory:

January 1

10500$8.80Purchases:

June 18

92008.00November 8

62007.00

A physical inventory on December 31 shows4100units on hand.Swiftysells the units for $14each. The company has an effective tax rate of18%.Swiftyuses the periodic inventory method.What is the cost of goods available for sale?

$181400.

$306800.

$209400.

$171100.

Save for Later