Determine ending inventory using dollar-value LIFO. Assume that the December 2, 2017, purchase cost is the current cost of inventory. (Hint: The beginning inventory is the base layer priced at $25 per unit.) (Round answer to 0 decimal places, e.g. 2,760.)

Ending inventory at dollar-value LIFO $_______________

Exercise 8-19 (Part Level Submission) Waterway Corporation began operations on December 1, 2016. The only inventory transaction in 2016 was the purchase of inventory on December 10, 2016, at a cost of $25 per unit. None of this inventory was sold in 2016. Relevant information is as follows. Ending inventory units December 31, 2016 December 31, 2017, by purchase date 112 December 2, 2017 July 20, 2017 112 50 162 During the year 2017, the following purchases and sales were made. Purchases Sales March 15 312 units at $30 July 20 312 September 4 212 units at 35 December 2 112 units at 37 April 10 August 20 312 November 18 162 December 12 212 212 uni ts at 31 The company uses the periodic inventory method