Berring Sales uses FIFO. The partially completed inventory record for January appears below. 
On January 14, the company sold 10 units. On January 29, the company sold 50 units. Complete the inventory record through the January 14 sale and calculate the inventory balance after the sale on January 14. (Please round to the nearest whole dollar.)
Definitions:
Capitalist Economy
A financial system where individuals own the production resources and create products or offer services to make a profit.
Chronic Disease
A long-lasting condition that can be controlled but not cured, often with significant impacts on individuals' daily lives.
Mental Illness
A broad range of medical conditions that affect a person's thinking, feeling, mood, ability to relate to others, and daily functioning.
Obesity
A medical condition characterized by excessive body fat accumulation, which can have negative effects on health, including increased risk of heart disease, diabetes, and certain cancers.
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