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Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method. June 1 Beginning inventory 42 units

Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method.


June 1	Beginning inventory	42 units at $20 each
June 15	Sale of 34 units for $50 each
June 29	Purchase	34 units at $25 each

The cost of the ending inventory is:

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