Brody Corp. has the following information available for one of its inventory items for the month of November. Date Deescription Units Cost per unit Total Cost Nov 1 Beginning inventory 100 $25 $ 2,500 Nov 10 Sales (70) Nov 20 Purchases 60 $40 $ 2,400 Nov 25 Sales (40) Nov 30 Purchases 50 $30 $ 1,500.

Question: What should Brody report as the cost of its ending inventory using the FIFO assumption and the perpetual inventory system?