A company's inventory records indicate the following data for the month of January Date January 1 January 8 Activities Beginning inventory Purchase January 12 Sale January 17 Purchase January 23 Sale Purchase January 28 Unita Acquired at Cost 400 units $18-$7,200 380 units $20 $7,600 440 units $22 $9,680 500 units $24 $12,000 Units Sold at Retail 680 units $70 320 units $70 If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory?