19.)

Question 19 Niles Co. has the following data related to an item of inventory: Inventory, March 1 Purchase, March 7 Purchase, March 16 Inventory, March 31 400 units@ S2.10 1,400units $2.20 280 units S2.25 520 units The value assigned to ending inventory if Niles uses LIFO is $1,160 $1,104 $1,092 $1,168