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A company had the following purchases and sales during its first year of operations: 11 0106.50 Purchases January: 12 units at $150 February: 22 units

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A company had the following purchases and sales during its first year of operations: 11 0106.50 Purchases January: 12 units at $150 February: 22 units at $155 May: 17 units at $160 September: 14 units at $165 November: 12 units at $170 Sales 6 units 5 units 9 units 8 units 15 units On December 31, there were 34 units remaining in ending inventory. Using the Perpetual LIFO inventory valuation method, what is the cost of the ending Inventory? (Assume all sales were made on the last day of the month.) Multiple Choice O $5,310

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