Question 14 4 pts Jenna's Bookstore had 500 units on hand at January 1, costing $8 each. Purchases and sales during the month of January were as follows: Purchase and Sales Date Purchases Sales Jan. 14 375 @ $13 Jan. 17 260 @ $12 Jan. 25 260 @ $10 Jan. 29 270@$16 Jenna's Bookstore maintains perpetual inventory records. According to a physical count, 375 units were on hand at January 31. The cost of good sold, under the FIFO method is: O $5,740 O $5,720 O $5,050 O $5,160 D Question 15 4 pts B&C Bookstore had 520 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Date Jan. 14 Purchases and Sales Purchases Sales 385@$14 Jan. 17 280 @ $10 Jan. 25 280 @ $12 Jan. 29 240 @ $17 B&C maintains perpetual inventory records. According to a physical count. 455 units were on hand at January 31. The cost of goods sold, under the LIFO method is: