The following lots of Commodity Z were available for sale during the year. Use this information to answer the questions that follow. Beginning inventory First purchase Second purchase Third purchase The firm uses the periodic system, and there are 20 units of the commodity on hand at the end of the year. What is the ending inventory balance at the end of the year according to the FIFO method? $655 $620 O $690 10 units at $30 25 units at $32 30 units at $34 10 units at $35 $659

soss 5050