TIMER RCES Question 2 PRINTER Bonita Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows Study Date Purchases Jan. 14 Sales 420 $13 17 210 $12 25 210 $10 29 230 $16 Bonita does not maintain perpetual inventory records. According to a physical count, 270 units were on hand at January 31. The cost of the inventory at January 31, under the FIFO method is: $3240. 52820. O $2700. $2430. Click if you would like to Show Work for this question: Open Show Work