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Just need the answer. A company had the following purchases and sales during its first year of operations PurchasesSales January 18 units at $120 6

image text in transcribedJust need the answer.
A company had the following purchases and sales during its first year of operations PurchasesSales January 18 units at $120 6 units February: 20 units at $125 5 units 15 units at $130 9 units September: 12 units at $135 8 units November: 10 units at $140 13 units May: On December 31, there were 26 units remaining in ending inventory Using the Periodic FIFO inventory valuation method, what is the cost of the ending inventory? (Assume all sales were made on the last day of the month) Multiple Choice $3.405 $3.200 $3.445 $3,540 $3.270

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