Question 48 of 56 -/1 View Policies Current Attempt in Progress Bramble Bookstore had 480 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Purchases Sales 425 @ $15 Date Jan. 14 17 25 29 200 @ $8 200 @ $11 240 @ $16 Bramble does not maintain perpetual inventory records. According to a physical count, 215 units were on hand at January 31. The cost of the inventory at January 31, under the FIFO method is: O $1720. O $1935. O $2320 O $2365. Save for Later Attempts: 0 of 1 used Submit Answer Question 39 of 56 -/1 = View Policies Current Attempt in Progress Stockholders' equity is increased by dividends. revenues. O liabilities. expenses. Attempts: 0 of 1 used Submit Answer Save for Later Last saved 6 minutes ago. Saved work will be auto-submitted on the due date