Barry's Books Uses a Periodic Inventory System Ending Inventory Under the FIFO Method Is:
A)$480

Multiple Choice

Barry's Books uses a periodic inventory system.Barry's Books sold 40 copies of Helpful Hints during September.Other data for September include:
$$\begin{array} { | c | l | l | } \hline \text { Sep. } 1 & \text { Balance } & 10 \text { books } @ \$ 20 \\\hline 8 & \text { Purchased } & 15 \text { books } @ \$ 21 \\\hline 17 & \text { Purchased } & 20 \text { books } @ \$ 22 \\\hline 25 & \text { Purchased } & 20 \text { books } @ \$ 24 \\\hline\end{array}$$
Ending inventory under the FIFO method is:

A) $480.
B) $515.
C) $590.
D) $500.