Jerome's Fashion Dezigns sells a variety of items of clothing including footwear for men and uses a perpetual inventory system. The business began the last quarter of 2017 with 25 pairs of the "Jordan" brand at a total cost of $152,500. The following ransactions, relating to the Jordan brand, took place during the quarter. Using the FIFO method, what is the ending inventory balance on November 1, 2017? a. 95 pairs valued at $622,500 b. 70 pairs valued at $444,500 c. 70 pairs valued at $474,250 d. 95 pairs valued at $628,750