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Imentory is reported at the lower of cost or Nfiv. Fine True Question 9 Foet inci had begining inventory balance of $5,000. Duybe the yea,

Imentory is reported at the lower of cost or Nfiv. Fine True Question 9 Foet inci had begining inventory balance of $5,000. Duybe the yea, it purchaned imventory of 581,000 . The compay sold inventory for 5100000 and tad a markup ef 25 . pereent on sales price. What is the ending inventery balatice of font? 56000$16000$4250$11000$14000 Question 10 fine Tiven

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