Alphabet Company, which uses the periodic Inventory method, purchases different letters for resale. Alphabet had no beginning inventory. It purchased A thru Gin January at $6.50 per letter in February. It purchased thru L at $8.50 per letter. It purchased M thru Rin March at $9.50 per letter. It sold A DEH J and Nin October. There were no additional purchases or sales during the remainder of the year. If Alphabet Company uses the LIFO method, what is the cost of its ending inventory? Multiple Choice 0 $113.50 0 0 0