Witt Hardware had an inventory of 1,000 hammers valued at $5.00 each to begin the month. Witt sold 800 hammers on the 10th of the month and purchased 1,000 hammers for $5.40 each on the 12th. On the 18th, Witt sold 500 hammers. On the 20th, Witt purchased another 1,000 hammers at $5.80 each. Finally, on the 28th, Witt sold 750 hammers. Witt's cost of good sold for the month on a FIFO and on a LIFO basis is FIFO: $10,690; LIFO: $11,050 FIFO: $11,050; LIFO: $10,690 FIFO: $5,510: LIFO: $5,150 FIFO: $10,690: LIFO: $11,450 None of these

Witt Hardware had an inventory of 1,000 hammers valued at $5.00 each to begin the month. Witt sold 800 hammers on the 10 th of the month and purchased 1,000 hammer: for $5,40 each on the 12 th. On the 18th, Witt sold 500 hammers, On the 20th. Witt purchased another 1,000 hammers at $5.80 each. Finally, on the 28 th. Witt sold 750 hammers. Witt's cost of good sold for the month on a FIFO and on a LIFO basis is FIFO:$10,690:LIFO:$11,050FIFO:$11,050:LIFO:$10,690FIFO:$5,510:LIFO:$5,150FIFO:$10,690:LIFO:$11,450 None of these