Novak Sports began operations on January $2,2025.$ The following stock record card for footballs was taken from the records at the

end of the year.

A physical inventory on December $31,2025,$ reveals that $119$ footballs were in stock. The bookkeeper informs you that all the

discounts were taken. Assume that Novak Sports uses the invoice price less discount for recording purchases.

Compute the december $31,2025,$ inventory using FIFO method