. Amarino Corporation had a beginning inventory of 20,000 units which were purchased in the...

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Accounting

. Amarino Corporation had a beginning inventory of 20,000 units which were purchased in the prior years as listed below:
September 8000 units @ $3.00 October 8000 units @ 4.10
November 4000 units @ 4.40
In the current year, Amarino purchases an additional 24,000 units(14,000 units in May at @ $4.50 and 10,000 units in June at $ 3.75) and sells 38,000 units. Using the FIFO method, what is Amarinos ending inventory?
a. $22500
b. $24,000
c. $32,800
d. $15,000

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