Nichols, Inc. had the following balances and transactions during 2018: Beginning Merchandise Inventory as of January 1, 2018 400 units at 582 March 10 Sold 70 units June 10 Purchased 800 units at $84 October 30 Sold 470 units What would be reported for Ending Merchandise Inventory on the balance sheet at December 31, 2018 if the perpetual inventory system and the first - in, first-out O A 567,200 OB. 55,740 OC. $55,440 OD. $32,800 Click to select your