Samson, Inc had the following balances and transactions during 2019 Beginning Merchandise Inventory 25 units at $93 March 10 Sold 22 units June 10 Purchased 75 units at $98 October 30 Sold 70 units What is the balance of the company's Merchandise Inventory, as disclosed in the December 31, 2019 balance sheet as per the periodic FIFO inventory costing method

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Samson, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory 25 units at $93 March 10 Sold 22 units June 10 Purchased

Samson, Inc. had the following balances and transactions during 2019:

Beginning Merchandise Inventory	25 units at $93
March 10	Sold 22 units
June 10	Purchased 75 units at $98
October 30	Sold 70 units

What is the balance of the company's Merchandise Inventory, as disclosed in the December 31, 2019 balance sheet as per the periodic FIFO inventory costing method?

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