QUESTION 4 A company had the following purchases during its first year of operations Sales January March May Purchases 30 units at $10 35 units at $20 42 units at $60 The company uses FIFO method to determine its cost of inventory a What is the cost of goods sold in May? b. What is the total cost of goods purchased during the year? For the toolbar.press ALT+F10 ( Por ALT+FN+F10 (Mac). B IVParagraph 10pt V Arial v > !!!