A company's inventory records show the following data for the month of January. Units Acquired at Cost 320 units @ $9 = $2,880 310 units @ $10 $3,100 340 units @ $11 $3,740 370 units @ $12 = $4,440 Date January 1 January 5 January 9 January 14 January 20 January 30 Date January 1 January 5 Total January 5 If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory? January 9 Total January 9 January 14 Total January 14 January 20 Total January 20 January 30 Activities Beginning inventory Purchase Sale Purchase Sale Purchase Total January 30 Goods purchased Number of Cost per units unit 310 at $ 10.00 340 at $ 11.00 370 at $12.00 Number of units sold Cost of Goods Sold Cost per Cost of Goods Sold unit at at = $9.00 = $10.00 = = $ Units Sold at Retail 0.00 0.00 440 units @ $35 290 units @ $35 Number of units Inventory Balance Cost per unit 320 at at 320 at $9.00 = 310 at $ 10.00 = at 69 at at at $ 9.00 = 9.00 = $11.00 = EA $ 12.00 = Inventory Balance $ 2,880.00 $ 2,880.00 3,100.00 $ 5,980.00

A company's inventory records show the following data for the month of January. If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory