A company's inventory records indicate the following data for the month of April: Purchase Date Activities April 1 Beginning inventory April 7 April 11 Sale April 16 April 22 April 29 Purchase Purchase Sale Units Acquired at Cost 720 units $36 = $25,920 600 units @ $40 = $24,000 520 units $44 = $22,880 500 units $50 = $25,000 Units Sold at Retail 1,040 units @ $110 400 units @ $110 The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 270 units from the April 29 purchase, 220 units from the April 16 purchase, 230 units from the April 7 purchase, and 100 units from beginning inventory.