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

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 periodic inventory system, what would be the cost of the ending inventory?

Multiple Choice

$$6,600.$

$$15,040.$

$$12,480.$

$$18,080.$

$$20,640.$