Second Question

On December $9,20$x$0,$ U$.$S$.$ Company $x$ acquired inventory from a Bren the pound were:

wecember $9,200,51,30,$ December $31,200$ closi

transaction in $200$ and $201?$

Please explain the correct solution. Some answers say there is a loss and some answers say there is a choice. What is the correct solution? Note: I include question number $5,$ but there is no correct solution