Eller Company uses a periodic inventory system. Relevant inventory information for the year follows:

$1-$Jan Beginning inventory $20$ units @ $$170$ per unit

$23-$May Purchased $20$ units @ $$135$ per unit

$5-$Nov Purchased $400$ units @ $$185$ per unit

$18-$Nov Purchased $100$ units @ $$195$ per unit

At year$-$end, $50$ units remain in inventory. What is the cost of the ending inventory on a LIFO basis?

$$7,100$

$$8,750$

$$7,950$

$$8,450$