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Nichols, Inc. had the following balances and transactions during 2024: What would be reported for Ending Merchandise Inventory on tho balanco sheet at December 31,

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Nichols, Inc. had the following balances and transactions during 2024: What would be reported for Ending Merchandise Inventory on tho balanco sheet at December 31, 2024 if the perpotual inventory system and the first - in, first - out invertory costing method are used? A. $3,400 B. $17,000 C. $8,000 D. $6,400

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