Poole Company purchased two identical inventory items. One of the items, purchased in January, cost $58. The other purchased in February, cost $78. One of the items was sold in March at a selling price of $230. Poole uses LIFO Which of the following statements is true? Multiple Choice The amount of ending Inventory would be $68, The balance in ending Inventory would be $78, The amount of cost of goods sold would be $58. The amount of gross margin would be $152