Q 14 16 Eine Minute Microwaves March 2020 perpetual inventory transactions include the following: March 1Beginning merchandise inventory 17 units @ $60 each 6 Purchase 20 units @ $67 each 11 Sale 25 units @ $100 each 16 Purchase 15 units @ $80 each 27 Sale 22 units @ $100 each Under FIFO, what is the gross profit for March, 2020? *$1,740 *$1,840 *$1,540 *$1,640 Under LIFO, what is the ending inventorys book value at March 31, 2020? *$300 *$900 *$1,200 *$600 Under weighted-average method, what is cost of goods sold for March, 2020? Round to the nearest dollars. *$2,996 *$3,196 *$3,296 *$3,096