Problem #7 of 46 1 American Nuts and Bolts Co. has the following layers of inventory:: Beginning inventory: 500 @ $1 = $500 Jan. purchase: 200 @ $2 = $400 Mar. purchase: 200 @ $3 = $600 2 3 On April 1, the company sold 425 units. How many units remain in the January layer assuming perpetual FIFO? 4 O a. 200 O b. 100 5 OCO O d. 25 6 7