$2\mathrm{.}770\mathrm{.}00$

$2,660\mathrm{.}00$

$2,700\mathrm{.}00$

$2,765\mathrm{.}00$

$2$ Texas Petrochemical reported the following April activity for its VC$-30$ lubricant, which had a balance of $400$ quarts@ $$4\mathrm{.}40$ per quart on April Purchases:

April $10,600$ quarts $9$$$4\mathrm{.}50$ April $3,400$ quarts

April $14,500$ quarts $$$4\mathrm{.}60$ April $12,600$ quarts

April $20,500$ quarts $$4\mathrm{.}65$ April $26,400$ quarts

The ending inventory assuming LIFO and a perlodic inventory system is:

Note: Round your final answer to two decimal places.

Multiple Choice

$$2,770\mathrm{.}00$

$$2,66000$

$$2,700\mathrm{.}00$