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Rally Wheels, Inc. had the following balances and transactions during 2024 Beginning Merchandise Inventory as of January 1, 2024 140 units at $72 March 10

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Rally Wheels, Inc. had the following balances and transactions during 2024 Beginning Merchandise Inventory as of January 1, 2024 140 units at $72 March 10 Sold 70 units June 10 Purchased 280 units at $78 October 30 Sold 150 units What would the company's ending merchandise inventory cost be on December 31, 2024 if the perpetual inventory system and the last - in, first-out inventory costing method are used? A. $15,180 OB. $31.920 C. $21,840 D. $16.740

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