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Inventory records for Eliza Company revealed the following: Date Transaction Number of Units Unit Cost March 1 Beginning Inventory 1 , 0 0 0 $

Inventory records for Eliza Company revealed the following:
Date Transaction Number of Units Unit Cost
March 1 Beginning Inventory 1,000 $ 7.20
March 10 Purchase 6007.25
March 16 Purchase 8007.30
March 23 Purchase 6007.35
Eliza sold 2,300 units of inventory during the month. Ending inventory assuming FIFO would be:
Multiple Choice
$5,050.
$5,060.
$5,080.
$5,140.

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