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A company had the following purchases during the current year: January: 10 units at $120 February: 20 units at $125 May: 15 units at $130

A company had the following purchases during the current year:

January: 10 units at $120
February: 20 units at $125
May: 15 units at $130
September: 12 units at $135
November: 10 units at $140

On December 31, there were 26 units remaining in ending inventory. Using the LIFO inventory valuation method, what is the cost of the ending inventory?

$3,280.

$3,200.

$3,445.

$3,540.

$3,640.

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