The Office Supply Company sells staplers. During January 2015 the following transactions occurred: Using FIFO as the inventory method, what is the cost of goods sold for January 2015? January 15, 2015 purchased 900 staplers for $5,400 January 18, 2015 purchased 400 staplers for $2,800 January 22, 2015 sold 200 staplers at $8.25 a piece January 28, 2015 sold 1,000 staplers at $10 a piece A $7,500 B. $11,650 c. $7,600 D. $8,200 Question 8 Based on the following information how much is depreciation for 2018? Machine Purchased - January 1, 2017 Purchase Price - $150,000 Salvage Value - $12,000 Life - 15 years Method - Straight-Line Method A. None of the following B. $9,200 c.$10,000 D. $12,000