Maureen, a calendar year cash basis taxpayer, owns and operates several photography shops in Colorado, and wants to expand to other states. During 2020, she spends $12,000 to investigate photography stores in Kansas and $18,000 to investigate photography stores in Wyoming. She acquires the Kansas operations, but not the outlets in Wyoming. As to these expenses, Maureen should: Group of answer choices

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?