arn.vccs.edu D Questions 3 pts Albeit Company maintains a perpetual inventory system and uses the last-in, first out (LIFO) method of assigning costs. Purchases and sales of inventory during the month of April are as follows: Date Activities Units Acquired at Cost Units Sold at Retail 4/1 Beginning Inventory 10 units @ $10 each - $100 4/2 Purchase 35 units @ $11 each - $385 4/10 Sale Sale 20 units @ $17 each $340 4/17 Purchase 40 units @ $12 each - $480 4/23 Sale 35 units @ $22 each - $770 4/30 Purchase 15 units @ $13 each - $195 What is the value of its ending inventory for April? $520 $540 $555 S485