MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 12) Montana Co. has determined its year-end inventory on a FIFO basis to be $600,000 Information pertaining to that inventory is as follows: 12)_ S 620,000 30,000 Selling price Costs to sell 520,000 Cost What should be the reported value of Montana's inventory? A) $600,000. B) $590,000 D) S620,000. C) $520,000