The Boy Bike Co. had the following September activity with their bikes inventory:

Beginning inventory 25 bikes @ cost of $110

September 5th purchase 15 bikes @ cost of $118

September 15th purchase 33 bikes @ cost of $132

September 8th purchase 22 bikes @ cost of $124

September 18th purchase 10 bikes @ $138 On September 12th, the Boy Bike Co. sold 58 bikes for $188 each.

Requirement: A.Calculate the Cost of Goods Sold for the September 12th sale using FIFO

B.What is the ending inventory after the September 12th sale using FIFO?