Assume BAL, Inc., began March with 95 units of inventory that cost a total of $1,710.

During March, BAL, Inc., purchased and sold goods as follows:

Mar 6 15 22 30 Purchased 120 units @ $16 each Sold 135 units @ $30 each Purchased 135 units @ $14 each Sold 95 units @ $29 each BAL, Inc., uses perpetual inventory. Under the LIFO inventory method, how much is BAL’s cost of inventory on hand after the sale on March 30?

a. $1,920

b. $2,160

c. $1,680

d. $2,000 AppendixLO1