Question 4 Not yet answered Blue Co. sells televisions. Blue beginning of the year inventory consists of 100 TV's that cost $800 per TV. During the year the following purchases were made: April 8th, 600 TV's for $750 per unit, July 4th, 200 TV's for $700 per unit, October 31st, 500 TV's for $650 per unit, and November 12th, 300 TV'S for $850 per unit. Blue sold 1,500 TV's during the year. Assuming Blue sold the TV's for $900 per unit, what is the gross profit if Blue uses the LIFO method for inventory? Points out of 2 P Flag question Select one: O a. $260,000 O b. $270,000 O c. $247,059 O d. $255,000