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P7-3 Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow LO7-2, 7-3 The following information applies to the questions displayed below. At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $15.60 per unit: Transactions Inventory, January 1 Purchase, January 12 Purchase, January 26 Sale Sale Units Amount 640 $2,784 610 3,660 170 1,360