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This Question: 4 pts se Home 30 of 30 (29 complete) TOIS TESL pis pour hase Options endar Nichols, Inc. had the following balances and
This Question: 4 pts se Home 30 of 30 (29 complete) TOIS TESL pis pour hase Options endar Nichols, Inc. had the following balances and transactions during 2018 Beginning Merchandise Inventory as of January 1, 2018 200 units at $82 March 10 Sold 80 units June 10 Purchased 400 unts at $85 October 30 Sold 200 unts What would be reported for Ending Merchandise Inventory on the balance sheet at December 31, 2018 if the perpetua inventory system and the first in first-out inventory costing method are used? O A $34,000 O B. $20,400 OC. $16,400 OD. $6,560
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