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The following information pertains to inventory for a company: March 1 Beginning inventory = 2 6 units @ $ 5 . 2 0 March 3

The following information pertains to inventory for a company:
March 1 Beginning inventory =26 units @ $5.20
March 3 Purchased 18 units @ 3.70
March 9 Sold 19 units @ 8.80
What is the ending inventory balance, assuming the company uses FIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)
Multiple Choice
$146
$67
$103
$130
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