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Read the following information, answer question 8-9. A company has the following inventory transactions: Jan.1Jan.11Jan.20BeginninginventoryPurchasePurchase300units@$24each200units@$28each300units@$20each 8. What would be the ending balance of inventory as at 31 January under the FIFO method if 600 units were sold in January? A. $4,800 B. $4,000 C. $14,000 D. $14,800 9. What would be the cost of goods sold under the weighted-average method if 550 units were sold in January? A. $5,875 B. $5,000 C. $12,925 D. $13,800