Question: Help System Announcements Multiple Choice Question 50 Coronado Bookstore had 540 units on hand at January 1, costing $10 each. Purchases and sales during the

Help System Announcements Multiple Choice Question 50 Coronado Bookstore had 540 units on hand at January 1, costing $10 each. Purchases and sales during the month of January were as follows: Purchases Date Jan. Sales 420 @ $14 14 17 25 29 290 @ $8 290 @ $12 200 @ $15 Coronado does not maintain perpetual inventory records. According to a physical count, 500 units were on hand at January 31. The cost of the inventory at January 31, under the LIFO method is: $6000. O $5000. O $6630. O $2500. Click if you would like to Show Work for this question: Open Show Work 7

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