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

Date Activities

Units Acquired at Cost

Units Sold at Retail

January $1$ Beginning inventory $360$ units @ $$18=$$$6,480$

January $8$ Purchase $,340$ units @ $$20=$$$6,800$

January $12$ Sale

$600$ units @ $$70$

January $17$ Purchase

$400$ units @ $$22=$$$8,800$

January $23$ Sale

$300$ units @ $$70$

January $28$ Purchase

$460$ units @ $$24=$$$11,040$

If the company uses the LIFO perpetual inventory system, what would be the co: ending inventory?

$$12,480.$

$$17,480.$

$$15,040.$

$$6,600.$

$$18,080.$

Question $29$