Kingman Company Had 400 Units of "Dink" in Its Inventory

Multiple Choice

Kingman Company had 400 units of "Dink" in its inventory at a cost of $6 each.It purchased 600 more units of "Dink" at a cost of $9 each.Kingman then sold 700 units at a selling price of $15 each.The LIFO liquidation overstated normal gross profit by

A) $ -0-
B) $300.
C) $600.
D) $900.