QUESTION 6 Large Company reports the following amount of inventory for the year. Beginning Inventory 20 units at $2.00 Purchase on Mar 2nd 15 units at $3.00 Purchase on Jul 6th 10 units at $2.50 Purchase on Sept. 9th 20 units at $3.00 Purchase on Nov. 30th 15 units at $2.00 Large Company reports 25 units on hand at year-end. If Large Company uses the first in, first-out periodic inventory system, what is the cost of merchandise sold for the year? $137.50 $62.50 $140 O $145