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A company had the following purchases and sales during its first year of operations January Yebruary May September November Purchases 12 units at $150 22

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A company had the following purchases and sales during its first year of operations January Yebruary May September November Purchases 12 units at $150 22 unita at $155 17 units at $160 14 units at $165 12 units at 5170 Salop 6 units 5 units 9 units 8 units 15 unito On December 31, there were 34 units remaining in ending inventory Using the perpetual LIFO inventory costing method, what is the cost of the ending Inventory? (Assume all sales were made on the last day of the month)

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