Please help with question 15, 16, 17, 18

rpetual LIFO inventory method is used from inception, determine the cost of T" Jimbo's ending January inventory. A. $300 B. $3,000 C. $3,200 D. $3,600 E. none of these 14. In a period of deflation (i.e. the per unit cost of inventory purchases decreases over time), which inventory method will produce the highest ending inventory balance for that period assuming not all inventory is sold? A. FIFO B. LIFO C. Moving Average D. All methods would generate the same ending inventory balance In 20X5 a company had sales revenues of $550,000, of which 70% was on account. At 12/31/ X5 the following ending balances before adjustment were available 15 DR CR 70,000 Accounts Receivable Allowance for Uncollectible Accounts 700 The Accounts Receivable aging reflects: Balance 38,000 estimated to be Uncollectible 2% 4% 10% 30%| urrent 1-30 days past due 12.00 /o 31-60 days past duel 9,000 over 60 days en the information above, the 12/31/X5 adjusting entry for uncollectible accounts based on the 11,000 aging percentages provided would include a debit to Bad Debt Expense of A. $6,140. B. $5,440. C. $4,740. D. $5,000. E. none of these