Question: the correct answer please View Policies Current Attempt in Progress Waterway Company's inventory records show the following data Units Unit Cost Inventory, January 1 10000

the correct answer please
the correct answer please View Policies Current Attempt in Progress Waterway Company's

View Policies Current Attempt in Progress Waterway Company's inventory records show the following data Units Unit Cost Inventory, January 1 10000 Purchases: June 18 9000 7.00 November 8 6000 8,00 A physical inventory on December 31 shows 4500 units on hand. Waterway sells the units for $11 each. The company has an effective tax rate of 18%. Waterway uses the periodic inventory method. If the company uses FIFO what is the gross profit for the period O $58500 O $63460 O $62766 $63900 Attempts 0 of 1 und Save for Later $9.20

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