During 2006, Metro Co, which maintains a perpetual inventory system, recorded the following information pertaining to its inventory:

1. Under the moving-average inventory method, what amount should Metro report as inventory at January 31, 2006?
a. $2,640
b. $3,225
c. $3,300
d. $3,900
2. Under LIFO method, what amount should Metro report as inventory at January 31, 2006?
a. $1,300
b. $2,700
c. $3,900
d.$3,400

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Units Unit cos Total cost units on hand 1,000 i Balance on 1/1/06 Purchased on 1 7/06 Sold on 1/20/06 Purchased on 1/25/06 S1S1,000 600 900 400 1,000 1,600 700 1,100 1,800 2,000