SB The inventory records for Radford Co. reflected Skip to question [The following information applies to the questions displayed below.] The inventory records for Radford Co. reflected the following: Beginning inventory @ May 1 100 units @ $4.00 First purchase @ May 7 300 units @ $4.40 Second purchase @ May 17 500 units @ $4.60 Third purchase @ May 23 100 units @ $4.80 Sales @ May 31 900 units @ $7.80 TB MC Qu. 05-42 What is the amount of ending inventory assuming What is the amount of ending inventory assuming the FIFO cost flow method? Multiple Choice $480 $440 $400 $940