rthe lanatio us Os 12.Alpha First Company just began business and made the following four inventory purchases in June, A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is:- a. $1,456 b. $1,508 c. $1,848 d. $1,824 June 1 15 0 units $ 1,040 June 10 200 units$1,560 June 15 200 units$1,680 June 28 150 units1,320 $ 5,600 Total 13. Financial information is presented below, Gross profit would be a. $0 b. $9,000 c. $45,000 d. $54,000 Operating expenses $40,000 Sales revenue $ 200,000 Cost of goods sold150,000 14. The interest charged on a $350,000 note payable, at the rate of 6%, for a year would be:- a. $21,000 b. $10,500 c. $5,250 d. $1,750