A company's inventory records indicate the following data for the month of January:

Date	Activities	Units Acquired at Cost					Units Sold at Retail
Jan. 1	Beginning inventory	470 units @ $18	=	$	8,460
Jan. 8	Purchase	450 units @ $20	=	$	9,000
Jan. 12	Sale						820 units @ $70
Jan. 17	Purchase	510 units @ $22	=	$	11,220
Jan. 23	Sale						355 units @ $70
Jan. 28	Purchase	570 units @ $24	=	$	13,680

If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory?

Multiple Choice

• $7,810.

• $18,890.

• $17,210.

• $22,540.

• $23,470.