The following information pertains to inventory for a company: March 1 Beginning inventory 31 units @ $5.50 March 3 Purchased 19 units @ 3.80 March 9 Sold 23 units @ 8.40 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 O O $116 $72 $159 $149

he following information pertains to inventory for a company: March 1 Beginning inventory =31 units @$5.50 March 3 Purchased 19 units e 3.80 March 9 Sold 23 units e 8.40 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 $116 572 $159 $149 he following information pertains to inventory for a company: March 1 Beginning inventory =31 units @$5.50 March 3 Purchased 19 units e 3.80 March 9 Sold 23 units e 8.40 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 $116 572 $159 $149