The following table summarizes Janica Corporation's purchase and sales data related to its inventory Units Unit Cost Total Cost Units Sold Beginning Inventory $12 $240 Sale No. 1 Purchase No. 1 1 40 32 1,280 Sale No. 2 Purchase No. 2 10 28 280 Totals $1.800 Assuming Janica uses the FIFO periodic inventory system, what is the ending inventory cost? Select one: o a. $280 O b. $360 O c. $920 O d. $840 On January 1, 2016, Green Construction began building a clothing factory. The contract price for the factory was $3,600,000, and it was expected to be complete by December 31, 2018. The actual and estimated costs throughout the project were as follows: Year Accumulated Costs Incurred 660,000 1,575,000 2,300,000 Estimated Costs to Complete 1,540,000 675,000 2016 2017 2018 How much revenue would Simon Construction recognize in 2017? Select one: O a. $1,440,000 O b. $1,080,000 O c. $2,250,000 O d. $2,520,000