Calculate the cost of the inventory on January 31, under the LIFO method.

Bramble Bookstore had 520 units on hand on January 1, costing $9 each. Purchases and sales during the month of January were as follows: Date Purchases Sales Jan. 14 420 @ $13 17 300 @ $10 25 300 @ $11 29 220 @ $15 Bramble does not maintain perpetual inventory records. According to a physical count, 480 units were on hand On January 31.