Agora Co. recorded the following inventory information during the month of March:# UnitsUnit CostTotal Cost# Units, Ending BalBalance on 3/12,000$4$2,0002,000Purchased on 3/81,2001$3,6003,200Sold on 3/231,8001,400Purchased on 3/288005$4,0002,200What amount should Rose report as inventory on March 31 using the periodic LIFO method for recording inventory?Answer:

9,600 (8,200)

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2000*{C1} + 200*{C2}

The initial answer you guys provided was wrong. That is the feed back from my instructor.

Please can you figure out how he calculated and arrived at the 8,200 ?