A company's inventory records indicate the following data for the month of April: Date Activities Units Acquired at Cost Units Sold at Retail April 1 Beginning inventory 820 units @ $36 = $29,520 April 7 Purchase 700 units @ $40 = $28,000 April 11 Sale 1,240 units @ $110 April 16 Purchase 620 units @ $44 = $27,280 April 22 Sale 400 units @ $110 April 29 Purchase 600 units @ $50 = $30,000 The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 370 units from the April 29 purchase, 320 units from the April 16 purchase, 330 units from the April 7 purchase, and 100 units from beginning inventory. $56,480. $49,380. $79,120. $90,020