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Crane Company has the following data related to an item of inventory: Inventory, March 1 430 units @ $1.90 Purchase, March 7 1350 units @

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Crane Company has the following data related to an item of inventory: Inventory, March 1 430 units @ $1.90 Purchase, March 7 1350 units @ $2.00 Purchase, March 16 340 units @ $2.05 Inventory, March 31 540 units The value assigned to ending inventory if Crane uses LIFO is $1037 O $1026. $1105. $1096

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