2) On September 1st, the enterprise has 70 units of beginning inventory, which it previously purchased for $6 each. On September 10th the enterprise purchased 40 additional units of inventory for $5.50 each. On September 17th, the enterprise purchased 55 additional units of inventory for $5.35 each. During the month of September, the enterprise sold 75 units. What is value of Ending Inventory under the Last In, First Out (LIFO) method?

On September 1st, the enterprise has 70 units of beginning inventory, which it previously purchased for $6 each. On September 10th the enterprise purchased 40 additional units of inventory for $5.50 each. On September 17th, the enterprise purchased 55 additional units of inventory for $5.35 each. During the month of September, the enterprise sold 75 units. What is value of Ending Inventory under the Last In, First Out (LIFO) method