Question 2 of 20 - / 0.4 E View Policies Current Attempt in Progress Marigold uses the periodic inventory system. For the current month, the beginning inventory consisted of 7100 units that cost $14.00 each. During the month, the company made two purchases: 2800 units at $15.00 each and 12000 units at $15.50 each. Marigold also sold 13100 units during the month. Using the FIFO method, what is the ending inventory? O $131563 O $136400. O $124900. O $123200. Sheffield Corp. had January 1 inventory of $301000 when it adopted dollar-value LIFO. During the year, purchases were $1750000 and sales were $3060000. December 31 inventory at year-end prices was $437310, and the price index was 113. Sheffield Corp.'s ending inventory? O $437310. O $387000. $301000. O $398180. Save for Later Attempts: 0 of 1 used Submit