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1 . Dart Supply has the following transactions. 1/3 - Inventory purchases of 14 units for $560,000 1/5 - Purchases of 16 units for $736,000

1 . Dart Supply has the following transactions. 1/3 - Inventory purchases of 14 units for $560,000 1/5 - Purchases of 16 units for $736,000 1/7 - Sales of 6 units for $240,000 How much is the end inventory under LIFO? a. $1,020,000 b. $1,186,000 c. $1,056,000 d. $460,000

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