The following information is available for armstrong company: net income $450 increase in plant and equip. $170 depreciation expense 80 payment of dividends 10 decrease in accts. receivable 20 increase in long-term debt 100 increase in inventories 15 decrease in accounts payable 30 what is cash flow from investing activities for armstrong company

Inventory by three methods; cost of goods sold the units of an item available for sale during the year were as follows: jan. 1 inventory 20 units at $1,800 may 15 purchase 31 units at $1,950 aug. 7 purchase 13 units at $2,040 nov. 20 purchase 16 units at $2,100 there are 18 units of the item in the physical inventory at december 31. determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: round your final answers to the nearest dollar. cost inventory method ending inventory cost of goods sold a. first-in, first-out method $ $ b. last-in, first-out method $ $ c. weighted average cost method $ $