A company's inventory records indicate the following data for the month of April: Date Activities April 1 April 7 Beginning inventory Purchase April 11 April 16 April 22 Sale Purchase Sale Units Acquired at Cost Units Sold at Retail 740 units @ $36 = $26,640 620 units @ $40 = $24,800 1,080 units @ $110 540 units @ $44 = $23,760 400 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 240 units from the April 16 purchase, 80 units from the April 7 purchase, and 100 units from beginning inventory. Multiple Choice $17,360. $28,580. $33,650. $21,480. $20,960.