The Corner Frame Shop wants to know the effect of different inventory costing methods on its financial statements. Inventory and purchases data for June are: (Click the icon to view the inventory and purchases data.) If The Corner Frame Shop uses the FIFO method, the cost of the ending inventory will be A. $21,200. B. $20,900. C. $21,240. D. $27,840. Data table The Corner Frame Shop wants to know the effect of different inventory costing methods on its financial statements. Inventory and purchases data for June are: (Click the icon to view the inventory and purchases data.) If The Corner Frame Shop uses the LIFO method, cost of goods sold will be A. $21,200. B. $21,240. Data table C. $20,900. D. $22,340