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Waterview Software began January with $3,250 of merchandise inventory. During January, Waterview made the following entries for its inventory transactions: Inventory 6,600 Accounts Payable 6,600

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Waterview Software began January with $3,250 of merchandise inventory. During January, Waterview made the following entries for its inventory transactions: Inventory 6,600 Accounts Payable 6,600 Accounts Receivable 7,400 Sales Revenue 7,400 Cost of Goods Sold 5,500 Inventory What was the value of Waterview's inventory at the end of January? 5,500 A $6,600 OB. $5,500 OC. $0 OD. $4,350

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