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Inventory information for Sam's Wholesale Bikes is as follows. View the inventory information. What is the gross margin for the two months assuming that Sam's

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Inventory information for Sam's Wholesale Bikes is as follows. View the inventory information. What is the gross margin for the two months assuming that Sam's uses the perpetual inventory FIFO inventory method? A. \\( \\$ 18,275 \\) B. \\( \\$ 21,600 \\) C. \\( \\$ 4,100 \\) D. \\( \\$ 11,600 \\)

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