The Xu Corporation uses a periodic inventory system. The company has a beginning inventory of 470 units at $5 each on January 1Xu purchases 415 units at 54 each in February and 115 units at $6 each in March. There were no additional purchases of sales during the remainder of the quartet Xussells 320 units during the quarter. It Xu uses the weighted average method, what is its cost of goods sold for the first quarter? (Do not round intermediate calculations, Round your final answer to the nearest dollar amount.) Multiple Choice $1920 SA $1600 50200

b Cost of Goods Sold General, Selling, and Administrative Expenses Income Tax Expense Inventory Net Income Sales Revenue Sales Discounts Sales Returns & Allowances $203,000 53,100 3,900 27,5ee 25,860 291,500 3,028 2,628 00:10 40 What is the amount of income before income taxes? Multiple Choice $82.400 $111.000 529760 Ac