Date Activities January 1 January 8 Beginning inventory Purchase January 12 Sale January 17 Purchase Sale Purchase Units Acquired at Cost 550 units @ $18 = $9,900 530 units @ $20 = $10,600 590 units @ $22 = $12,980 650 units @ $24 = $15,600 Units Sold at Retail 980 units @ $70 395 units @ $70 January 23 January 28 the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory? Multiple Choice $8,690. $21,690. $20,650. $26,220. He H