A company had the following purchases and sales during its first year of operations: Purchases Sales January: 20 units at $170 12 units February: 30 units at $175 14 units May: 25 units at $180 18 units September: 22 units at $185 17 units November: 20 units at $190 22 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 $8,689 O $5,975. (0) $8,275. $9,289. O O $12,575. Mohr Company purchases a machine at the beginning of the year at a cost of $23,000. The machine is depreciated using the units-of-production method. The company estimates it will use the machine for 5 years, during which time it anticipates producing 25,000 units. The machine is estimated to have a $8,000 salvage value. The company produces 9,100 units in year 1 and 6,100 units in year 2. Depreciation expense in year 2 is