The ending inventory determined by ABC is $600,000. If ABC uses the FIFO method, use the following information related to your inventory to determine the value of the inventory to be reported in the statement of financial position:

Inventory at sale prices $620,000

Costs to achieve sales sales $30,000

Replacement cost $520,000

Select one:

a. $590,000.

b. $600,000.

c. $620,000.

d. $520,000.