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Ted's Sports Center purchased two basketballs for resale. One was purchased in June at a cost of $ 3 0 and the other was purchased

Ted's Sports Center purchased two basketballs for resale. One was purchased in June at a cost of $30 and the other was purchased in July at a cost of $34. The two inventory items are identical in all respects except the price paid to acquire them. Assume Ted's uses the specific identification cost flow method. If Ted's sells one of the balls in August, the amount charged to cost of goods sold Blank______
Multiple choice question.
may be $30 or $34
will be $30
may be $30, $32 or $34
will be $34

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