17. The following data relate to material J for last month: Purchases: 400kg for $4,800 18th 500kg for $6,500 4th Issues: 13th 25th 600kg 300kg The opening stock of 300 kg is valued at 3300. Using the LIFO valuation method, what was the value of the closing stock for last month? A) 3,700 B) 3,300 C) 3,500 D) 3,900