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Question Completion Status: Uptown Crop Science Corp. has the following information about their inventory: 121 Date Description 10/1/2016 Beginning inventory, October 1 10/6/2016 Purchase 10/12/2016 Purchase 10/25/2016 Purchase Totals Units 250 150 350 250 1000 Price $11 $12 $14 $15 Amount $2,750 1,800 4,900 3.750 $13,200 During October, Rain Uptown sold 400 units at a price of $20.00. What is the dollar amount of the ending inventory on October 31st, 2016 using the First-in, first-out (FIFO) inventory cost method? (Do Not enter dollar signs.) QUESTION 27 1 points Save Answer Shirley, Inc. had the following information regarding 2016 inventories: Units Price Amount January 1 2016 Inventory 1,000 $6.00 $ 6,000 March 8, 2016 purchase 2,000 $7.00 14,000 August 17, 2016 purchase 3.000 $8.00 24,000 Total 6,000 $44,000 During 2016, Shirley sold 2,000 units for $10.00 each. Shirley adopted the LIFO method with a periodic inventory system. Determine cost of ending inventory Click Save and Submit to save and submit. Click Save All Answers to save all answers, Save All Answers Save and Submit OCE