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Sundown Cycles uses the FIFO inventory method. Sundown started March with six bicycles that cost $290 each. On March 16, Sundown bought 24 bicycles at
Sundown Cycles uses the FIFO inventory method. Sundown started March with six bicycles that cost $290 each. On March 16, Sundown bought 24 bicycles at $220 each. On March 31, Sundown sold 18 bicycles. Prepare Sundown's perpetual inventory record.
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