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A company had the following purchases during its first year of operations: Purchases 10 units at $120 January: February: May: 20 units at $130 15

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A company had the following purchases during its first year of operations: Purchases 10 units at $120 January: February: May: 20 units at $130 15 units at $140 12 units at $150 10 units at $160 September: November: On December 31, there were 22 units remaining in ending inventory. These 26 units consisted of 2 from January, 4 from February, 6 from May, 4 from September, and 6 from November. Using the specific identification method, what is the cost of the ending inventory? NOTE: (When writing your answer do not use commas or sign of the dollar. For example, if your answer is $10,000, write it as 10000)

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