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A company had the following purchases during its first year of operations: Purchases January: 15 units at $90 February: 21 units at $110 May: 17

A company had the following purchases during its first year of operations:

Purchases

January:

15 units at $90

February:

21 units at $110

May:

17 units at $130

September:

14 units at $160

November:

12 units at $190

On December 31, there were 35 units remaining in ending inventory. These 35 units consisted of 7 from January, 3 from February, 7 from May, 8 from September, and 10 from November. Using the specific identification method, what is the cost of the ending inventory?

4,220

5,600

5,050

6,650

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