Concord Co$.$ has the following data related to an item of inventory: Inventory, March $1370$ units @ $$2\mathrm{.}40$ Purchase, March $71420$ units @ $$2\mathrm{.}50$ Purchase, March $16250$ units @ $$2\mathrm{.}55$ Inventory, March $31500$ units The value assigned to ending inventory if Concord uses a LIFO periodic inventory system is$?$