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A corporation uses a LIFO perpetual inventory system. August 2, 25 units were purchased at $12 per unit. August 5, 10 units were purchased at

A corporation uses a LIFO perpetual inventory system.

August 2, 25 units were purchased at $12 per unit.

August 5, 10 units were purchased at $13 per unit.

August 15, 12 units were sold at $25 per unit. August 18, 15 units were purchased at $14 per unit.

What was the amount of the ending inventory for the month of August?

A. $496.00

B. $486.00

C. $492.57

D. $300.00

E. $510.00

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