A company's inventory records indicate the following data for the month of January Date Jan. 1 Units Sold at Retail Activities Beginning inventory Purchase Sale Purchase Units Acquired at Cost 360 units @ $18 - $ 6,480 340 units @ $20 = $ 6,800 Jan. 8 Jan. 12 600 units @ $70 Jan. 17 400 units @ $22 = $ 8,800 Jan. 23 Sale 300 units @ $70 Jan. 28 Purchase 460 units @ $24 - $11,040 If the company uses the LIFO periodic inventory system, what would be the cost of the ending inventory