Assuming Jerry uses a perpetual LIFO inventory valuation method, the value of ending inventory for the first quarter is?

Jerry owns a stationary store. The table below shows the transactions of an item in the first quarter. Units Sold Selling Price Date 04/01/21 25/01/21 15/02/21 01/03/21 16/03/21 24/03/21 End of quarter totals Units Purchased 1,000 1,000 1,000 3,000 Purchase Price $20 $18 $17 $55,000 500 1,200 500 2,200 $50 $50 $50 $110,000 Inventory Units on Hands 1,000 500 1,500 300 1,300 800