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Bridgeport Corporation began operations on December 1, 2022. The only inventory transaction in 2022 was the purchase of inventory on December 10, 2022, at

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Bridgeport Corporation began operations on December 1, 2022. The only inventory transaction in 2022 was the purchase of inventory on December 10, 2022, at a cost of $23 per unit. None of this inventory was sold in 2022. Relevant information for fiscal 2023 is as follows: Ending inventory units: Dec. 31, 2022 Dec. 31, 2023, by purchase date Dec. 2, 2023 July 20, 2023 130 130 30 160 During 2023, the following purchases and sales were made: Purchases Sales Mar. 15 410 units at $26 Apr. 10 200 July 20 410 units at $28 Aug. 20 310 Sept. 4 230 units at $29 Nov. 18 160 Dec. 2 130 units at $32 Dec. 12 480 The company uses the periodic inventory method. (a1) Your answer is incorrect. Determine ending inventory under specific identification. Ending inventory $

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