Glasgow Enterprises started the period with 60 units in beginning inventory that cost $2.10 each. During the period, the company purchased inventory items as follows. Glasgow sold 285 units after purchase 3 for $10.40 each.

Purchase	Number of Items	Cost
1	260	$ 2.60
2	180	$ 2.70
3	50	$ 3.10

If the company uses the LIFO cost flow method, Glasgow's ending inventory would be:

Multiple Choice

• $557.

• $716.

• $822.

• $659.