Question 22 1 pts Our company had the following balances and transactions during the current year related to merchandise inventory. Beginning merchandise inventory on January 1 120 units at $70 per unit Purchase on February 14 Sale on August 21 What would be the company's ending merchandise inventory in dollars on December 31 if the company 100 units at $85 per unit 120 units used perpetual, first in, first out (FIFO) method? $9,900 $8,500 $8,400 o $7,000 Question 23 1 pts Our company had the following balances and transactions during the current year related to merchandise inventory MacBook Air 20 600 F4 F5 FS F7 F8 F9