Question: Question 4 ( 1 point ) A company has the following inventory purchases in January: Beg. Inv. on Jan. 1 : 3 units purchased for

Question 4(1 point)
A company has the following inventory purchases in January:
Beg. Inv. on Jan. 1: 3 units purchased for $10 each
Jan. 3: 9 units purchased for $12 each
Jan. 5: ,4 units purchased for $14 each
After making these purchases, the company had 2 units remaining in inventory. The units sold were sold at a sale price of $20 each.
Using the LIIOO cost flow assumption, what will the company's Gross Profit be for these January sales?
$174
$166
$106
$114
 Question 4(1 point) A company has the following inventory purchases in

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