Answer:
$410,000
Explanation:
The computation of the ending inventory under the LIFO method is shown below:
= Year end cost + difference of amount × price level index
where,
Year end cost = Beginning cost
Difference of amount = $400,000 - $300,000 = $100,000
Price level index = $440,000 ÷ $400,000 = 1.1
So, the inventory cost is
= $300,000 + $100,000 × 1.1
= $300,000 + $110,000
= $410,000
If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
<h3>What is Road traffic offense?</h3>
A road traffic offense refers to any act that violated the Road traffic rule.
Some road traffic offense apportioned for a typical road traffic offense includes:
- suspension of driver license
- fines etc
In conclusion, If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
Read more about road traffic offense
<em>brainly.com/question/1138029</em>
Im not even in business and I know it is a balance sheet
