Question: 9 (4 points) Beginning inventory, purchases and sales data for Sharon's Sandals are as follows: April 3 Inventory 24 units $10 11 Purchase 26 units

9 (4 points) Beginning inventory, purchases and sales data for Sharon's Sandals are as follows: April 3 Inventory 24 units $10 11 Purchase 26 units $12 New Tab 14 Sale 36 units 21 Purchase 18 units $14 @ 24 Purchase 19 units @ $15 25 Sale 40 units 28 Purchase 13 units @ $16 Assuming the business maintains a perpetual inventory system, what is the ending inventory under LIFO: $373 $318 $280 $240

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