A company's inventory records indicate the following data for the month of April: 23 Units Sold at Retail Units Acquired at Cost 770 units @ $36 = $27,720 650 units @ $40 = $26,000 8 00:46:38 Date April 1 April 7 April 11 April 16 April 22 April 29 Activities Beginning inventory Purchase Sale Purchase Sale Purchase 1,140 units @ $110 570 units @ $44 = $25,080 400 units @ $110 550 units @ $50 = $27,500 The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 320 units from the April 29 purchase, 270 units from the April 16 purchase, 280 units from the April 7 purchase, and 100 units from beginning inventory. Multiple Choice $48.980. $42,680. O $68.520. $77,970. O o $52,060