5 A company's inventory records indicate the following data for the month of April Date Activities April 1 April 7 Beginning inventory Purchase Units Acquired at Cost 700 units $36 $25,200 580 units $40-$23,200 Units Sold at Retail Sappert April 11 Bale 1,000 unite $110 April 16 April 22 April 29 Purchase Sale 500 units $44 $22,000 400 units $110 Purchase: Help Save & Exit Subm 480 units $50-$24,000 If the company uses the first-in, first-out (FIFO) method and the periodic inventory system, what would be the cost of the ending inventory? Multiple Choice O $40,720 $38.480 $53.600. $33,300