P7-3 Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow LO7-2, 7-3

P7-3 Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow L07-2, 7-3 The following information applies to the questions displayed below. At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $17.40 per unit: Transactions Units Amount Inventory, January1 Purchase, January 12 Purchase, January 26 Sale Sale 620 $3,255 00 4.200 150 350 (480) (200)