Castle TV, Inc. purchased 1,200 monitors on January 5 at a per-unit cost of $112, and another 1,200 units on January 31 at a per-unit cost of $238. In the period from February 1 through year-end, the company sold 2,250 units of this product. At year-end, 150 units remained in inventory.

Assume that the replacement cost of this monitor at year-end is $220 per unit. Using LIFO flow assumption and the lower-of-cost-or-market rule, the ending inventory amounts to:

a.$33,000

b. $35,700

c. $52,500.

d. $16,800.