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The following information pertains to Julia & Company: March 1 Beginning inventory - 25 units @ $6.00 March 3 Purchased 16 units @ 3.90 March

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The following information pertains to Julia & Company: March 1 Beginning inventory - 25 units @ $6.00 March 3 Purchased 16 units @ 3.90 March 9 Sold 16 units @ 8.30 What is the ending inventory balance for Julia & Company assuming that it uses FIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $62 $150 $159

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