Tiger Company had the following balances and transactions during 2020. Beginning inventory 10 units at $5 per unit March 10 sold 8 units for $12 per unit June 10 purchased 20 units at $8 per unit October 30 sold 15 units for $16 per unit What would the company's cost of goods sold amount be on the December 31, 2020 balance sheet if the FIFO cost assumption is used under a perpetual inventory system? $160 $336 $175 $154 Bank overdrafts, if material, should be reported as O a long-term investment. a current liability O a current asset. a contra-asset in the current asset