Question: If , from its inception, Ella Corp. has used FIFO to value its inventory instead of LIFO, what would Ella Corp. reports as 1 2

If, from its inception, Ella Corp. has used FIFO to value its inventory instead of LIFO, what would Ella Corp. reports as 12/31/2024 Cost of Goods Sold (CGS)?
Question 33 options:
$39,300
$20,000
$20,700
$40,000

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