Kiner Co. has the following data related to an item of inventory: Inventory, March 1 100 units @ $4.20 350 units @ $4.40 Purchase, March 7 Sales, March 10 390 units @ $7.00 Purchase, March 16 70 units @ $4.50 The number of days of ending inventory on hand using perpetual FIFO is approximately Answers: A. 118 days B. 120 days c. 123 days D. 125 days E. None of the above