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March 1 Beginning inventory - 26 units @ $5.50 March 3 Purchased 14 units @ 4.40 March 9 Sold 18 units @ 8.60 What is

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March 1 Beginning inventory - 26 units @ $5.50 March 3 Purchased 14 units @ 4.40 March 9 Sold 18 units @ 8.60 What is the ending inventory balance for Julia & Company assuming that it uses FIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $89 $62 $121 $106

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