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Crane Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Units Per Unit Price

Crane Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows:

Units Per Unit Price Total
Balance, 1/1/20 210 $4 $840
Purchase, 1/15/20 70 5.1 357
Purchase, 1/28/20 70 5.3 371

An end of the month (1/31/20) inventory showed that 160 units were on hand. If the company uses LIFO, what is the value of the ending inventory?

$816

$830

$654

$640

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