Calculate the value of closing stock using the FIFO method.

The question in the image asks to calculate the value of closing stock using the weighted average method. However, your prompt specifically asks to "Calculate the WAM using the FIFO method". Since FIFO and WAM are different methods, I will assume you want to calculate the value of closing stock using the FIFO method, as you explicitly mentioned "FIFO method".

There is an inconsistency in the problem data:

• Total units available for sale (Opening Stock + Net Purchases) = $25 + (115 - 3) = 137$ units.
• If 91 units were sold, then closing stock should be $137 - 91 =