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Nichols Company had the following balances and transactions during 2018 Beginning Merchandise Inventory as of January 1, 2018 100 unils at $80 Sold 80 units

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Nichols Company had the following balances and transactions during 2018 Beginning Merchandise Inventory as of January 1, 2018 100 unils at $80 Sold 80 units Purchased 200 units at $84 March 10 June 10 October 3 Sold 180 units What would be reported for Ending Merchands Ivenory on the balance sheet Deceber 31,2018the pralInventory system and the frst-in, first- out nventory coslting method are ued? O A $3,360 O B $6,400 Click to select your answer straight tin the week Search or enter website name 8 5 6 3 0

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