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Samson, Inc. had the following balances and transactions during 2025: Beginning Merchandise Inventory 25 units at $93 March 10 June 10 October 30 Sold 22
Samson, Inc. had the following balances and transactions during 2025: Beginning Merchandise Inventory 25 units at $93 March 10 June 10 October 30 Sold 22 units Purchased 75 units at $98 Sold 70 units What is the balance of the company's Merchandise Inventory, as disclosed in the December 31, 2025 balance sheet as per the periodic FIFO inventory costing method? OA. $465 OB. $784 OC. $490 O.D. $2.325
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