Sheffield Corp. uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows: Units Per unit price Total Balance, 1/1/2022 320 $5.00 $1600 Purchase, 1/15/2022 160 ..5.60 896 Purchase, 1/28/2022 160 ..5.80 928 An end of the month (1/31/2022) inventory showed that 250 units were on hand. If the company uses FIFO, what is the value of the ending inventory

At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)