Use this fact set for Part 2: Questions 2-7: Three retailing giants, Best Buy Co., Inc. (NYSE: BBY), Amazon.com, Inc., (NASDAQ: AMZN), and Target Corporation (NYSE: TGT) each use a different inventory costing method. Best Buy uses weighted-average cost, Amazon uses FIFO, and Target uses LIFO. As you will see from the hypothetical example below, the use of a different inventory costing method will lead to differences in income statements and balance sheets. Best Buy, Amazon and Target sell a popular shirt for $33. Lets assume that all three companies have the same sale and inventory purchase pattern for the same period. Beginning inventory: 30,000 @ $10.00 Purchases: 20,000 @ $15.00 Ending inventory: 10,000

How many shirts were sold by each retailer during the period?

A. 10 shirts

B. 20 shirts

C. 30 shirts

D. 40 shirts