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A company had the following purchases during the current year: January: 16 units at $126 February: 26 units at $136 May: 21 units at $146

A company had the following purchases during the current year:

January: 16 units at $126
February: 26 units at $136
May: 21 units at $146
September: 18 units at $156
November: 16 units at $166

On December 31, there were 56 units remaining in ending inventory. These 56 units consisted of 8 from January, 10 from February, 12 from May, 10 from September, and 16 from November. Using the specific identification method, what is the cost of the ending inventory?

$8,336.

$8,170.

$7,088.

$8,502.

$6,976.

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