Please only enter your response in the blue cell is column). This is the only cell that will be marked Aguado Corp. purchased merchandise from Agustin Corp, terms FO shipping point. Which corporation is responsible for the shipping costs? 6 7 B Aguado Corp B b Augustin Corp. 9 10 11 2 Shipping costs are split evenly Ancheta Corp. purchased inventory for $63,000 they paid $1,000 to ship the inventory to their warehouse, $6,000 in important duties and GST of $3,500. What amount would be recorded in the cost of inventory by Ancheta? 63,000 12 13 b 64,000 14 c 73,500 15 d 70,000 16 3 17 196 Which cost formula requires that the cost allocated to cost of goods sold is based on the aldest inventory in stock? FIFO Specific identification Formula Sheet Question 1 Depreciation Question 2 Shareholders Equity Question 3 Ratio Analysis Question 4 LONRY Qu Workbook Static MacBook Air