Question: Current Attempt in Progress Waterway uses the periodic inventory system. For the current month, the beginning inventory consisted of 7100 units that cost $11

Current Attempt in Progress Waterway uses the periodic inventory system. For the

Current Attempt in Progress Waterway uses the periodic inventory system. For the current month, the beginning inventory consisted of 7100 units that cost $11 each. During the month, the company made two purchases: 2800 units at $12 each and 12200 units at $12.50 each. Waterway also sold 13000 units during the month. If the FIFO method is used, what is the ending inventory? $108748 $100100 O $102100 O$113750

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