Fitcher industries had the following inventory transactions occur during 2012: units cost/unit feb. 1, 2012 purchase 18 $45 mar. 14, 2012 purchase 31 $47 may 1, 2012 purchase 22 $49 the company sold 51 units at $63. what is the company's cost of goods sold using lifo? (rounded to whole dollars)

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: