If you want to take advantage of compound interest, what should you do when an investment produces interest?
a. use the interest to pay your bills.
b. reinvest the interest.
c. put the interest in a savings account.
d. put the interest in a checking account.

Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?