Thelen's inventory records show the following data at January 31: Beginning inventory Jan. 1 100 units at $8 per unit Jan. 10 purchase 270 units at $10 per unit Jan. 22 purchase 130 units at $11 per unit At January 31, 220 units are still on hand. What is the cost of the ending inventory at January 31 Thelen dses the LIFO method? O A $1.760 O B. $2,120 OC. $2.000 OD. $2.420 Which of the following statements regarding fraud is INCORRECT? O A. Motive, opportunity, and rationalization are elements that make up virtually every fraud, OB. The perpetrators of fraud usually do so for their own short-term economic gain OC. Fraud violates the rights of many for the temporary betterment of a few and for the ultimate betterment of no one OD Misappropriation of assets is a type of fraud that is committed by company managers who make and misleading entries in the books in order to improve a company's financial results