Question 25 A company sells widgets and provide the following information for the year:: Selling and Administrative Expenses Purchases $5,300 157,000 Sales Revenue 785,000 Merchandise Inventory, January 1 2,350 Merchandise Inventory. 38,350 December 31 If the company sold 7,900 units of widgets during the year, how much is the cost for one widget? (Round your answer to the nearest cent.) $19.87 $15.32 O $20.17 $5.15 3.4 pts