A company's inventory records indicate the following data for the month of January: Date Activities January 1 January 8 Beginning inventory Purchase Units Acquired at Cost 550 units @ $18 = $9,900 530 units @ $20 = $10,600 Units Sold at Retail January 12 Sale 980 units @ $70 January 17 Purchase 590 units @ $22 = $12,980 January 23 January 28 Sale 395 units @ $70 Purchase 650 units @ $24 = $15,600 If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory?