Oriole Industries has the following inventory information. Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis?

Multiple choice Question 92 Oriole Industries has the following inventory information July 1 Beginning Inventory 5 Purchases 14 Sale 45 units at $130 230 units at $114 170 units 100 units at $120 130 units 21 Purchases Sale 30 Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis? $39100 $9000 O $9220 $29900 Click if you would like to show Work for this question: Open Show Work