30. ABC Company uses a periodic inventory system. As of January 1, 2019, ABC Company has 1,100 units of a particular product at a cost of $7.35 per unit. At December 31, 2019, 1,500 units of the product remain on hand. The purchases of the product during the year are shown below. 1st purchase 1,450 units at $7.50 per unit 2nd purchase 1,600 units at $8.00 per unit 3rd purchase 1,000 units at $8.50 per unit What is cost of ending inventory at December 31, 2019 under LIFO? DS (3 Points) $11,085 $8,250 $12,500 $10,975