A company's inventory records indicate the following data for the month of April: Units sold at Retail Units Acquired at Cost 700 units @ $36 = $25,200 580 units @ $40 = $23,200 Date April 1 April 7 April 11 April 16 April 22 April 29 Activities Beginning inventory Purchase Sale Purchase Sale Purchase 1,000 units @ $110 500 units @ $44 = $22,000 400 units @ $110 480 units @ $50 = $24,000 If the company uses the first-in, first-out (FIFO) method and the perpetua/inventory system, what would be the cost of the ending inventory? Multiple Choice $38,480. $33,300 $35.922 O $40,720 $53,680