Inventory records for Capetown, Incorporated revealed the following: Date Transaction Number of Units Unit Cost April 1 Beginning Inventory 460 $ 2.49 April 20 Purchase 450 2.62 Capetown sold 650 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)

Multiple Choice

a/ $1,205

b/ $647

c/ $681

d/ $1,145 - Incorrect