Paper Depot is a wholesaler of office supplies.The activity for Model III calculators during August is shown below:

-See information for Paper Depot above.If Paper Depot uses a FIFO periodic inventory system,the ending inventory of Model III calculators at August 31 is reported as
A) $150,080.
B) $150,160.
C) $152,288.
D) $152,960.
Correct Answer:
Verified
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