A company's inventory records show the following data for the month of December. Date Activities Units Acquired at Cost Units Sold at Retail December 1 Beginning inventory 790 units @ $36 = $28,440 December 8 Purchase 670 units @ $40 = $26,800 December 11 Sale 990 units @ $70 December 13 Purchase 590 units @ $44 = $25,960 December 24 Purchase 570 units @ $50 = $28,500 December 30 Sale 690 units @ $71 Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 295 units from the December 24 purchase, 245 units from the December 13 purchase, 255 units from the December 8 purchase, and 145 units from beginning inventory.