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Addi n , Inc. uses a perpetual inventory system. Information about one inventory item for the month of September follows. Sep. 1 Inventory 4 Sold

Addin, Inc. uses a perpetual inventory system. Information about one inventory item for the month of September follows.
Sep. 1 Inventory
4 Sold
10 Purchased
17 Sold
30 Purchased
20 units at $20
10 units
30 units at $25
20 units
10 units at $30
If Addison uses LIFO, the September 30 inventory balance is
a. $650
b. $700
c. $800
d. $75
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