Question: Remaining Time: 44 minutes, 52 seconds. Question Completion Status: QUESTION 1 Small Company reports the following amount of inventory for the year. Beginning Inventory 10
Remaining Time: 44 minutes, 52 seconds. Question Completion Status: QUESTION 1 Small Company reports the following amount of inventory for the year. Beginning Inventory 10 units at $2.00 Sale on Mar. 2nd 5 units at $6.00 Purchase on Jul 6th 20 units at $2.50 Sale on Sept. 9th 15 units at $7.00 Purchase on Nov. 30th 15 units at $2.00 If Small Company uses last-in, first-out perpetual inventory system, what is the value of ending inventory as of year-end? O $22.50 $37.50 $52,50 $30
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