Robbins Company uses the perpetual inventory system and the FIFO cost formula, Purchases /Sales Units Unit Cost Mar 1 Beginning inventory 100 $50 3 Purchase 60 $60 4 Sales 70 $100 10 Purchase 200 $70 16 Sales 80 $110 19 Sales 80 $110 25 Sales 50 $110 30 Purchase 40 $75 Instructions: Using the inventory and sales data above, calculate the value assigned to ending inventory. a none of them b. 17000 O c. 18500 d. 8600 e 12000 Type here to search O The following items are taken from the adjusted trial balance of Sutch Video Productions at December 31, 2015 Accounts Payable $ 15,000 Accounts Receivable 11,000 Accumulated Depreciation-Video Equipment 28,000 Advertising Expense 21.000 Cash 24,000 Depreciation Expense 12,000 1. Sutch, capital 102.000 Sutch, drawings 15,000 Insurance Expense 3,000 Note Payable (due 2017) 70,000 Prepaid Insurance 6,000 Rent Expense 17.000 Salaries Expense 34.000 Salaties Payable 3.000 Service Revenue 145,000 Supplies 4.000 Supplies Expense 6,000 Video Equipment 210,000 instructions: Calculate the Net income Type here to search O E