. - LIFO Jan 1 bought 75 units $7.25 each Jan 6 bought 23 units $7.32 each Jan 8 bought 12 units $7.41 each Jan 9 sold 48 units $23 each Jan 11 bought 27 units $7.53 each Jan 13 sold 5 units $23.25 each Jan 16 bought 5 units $7.60 each Jan 19 bought 5 units $7.65 each Jan 21 sold 5 units $23.35 each 5 3 3 0 1 2 Date Qty x Cost 11 Total 3