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Required information Castle TV, Inc. purchased 1,500 monitors on January 5 at a per-unit cost of $133. and another 1,500 units on January 31 at

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Required information Castle TV, Inc. purchased 1,500 monitors on January 5 at a per-unit cost of $133. and another 1,500 units on January 31 at a per-unit cost of $250. In the period from February 1 through year-end, the company sold 2,870 units of this product. At year-end, 130 units remained in inventory. Assume that Castle TV, Inc. uses the FIFO fi assumption. The cost of the 130 units in inventory at year-end is: Multiple Choice $24,895. $49,790. $17,290. $32,500

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