A record of transactions for the month of May was as follows: May 1 (balance) 4 8 14 22 Purchases 29 Ending inventory tA 440 @ $5.10 $5.00 $5.20 $5.30 $5.40 600@ $5.45 $ 1,360 @ 870 @ 770 @ 1,260 @ May 3 6 12 18 Sales 220 @ $8.00 1,100@ $8.00 970@ $8.50 Assuming that perpetual inventory records are kept in dollars, determine the ending inventory using LIFO. 420@ $8.50 25 1,450@ $9.00

A record of transactions for the month of May was as follows: Assuming that perpetual inventory records are kept in dollars, determine the ending inventory using LIFO. Ending inventory $