Gordon Company has the following data available:

Gordon Company has the following data available: Units Sold 300 Transaction Units Purchased Unit Cost Beginning Inventory 300 $20 March 1 Purchase 230 $12 April 25 Sale June 10 Purchase 320 $14 July 20 Sale October 30 Purchase 310 $10 December 15 Sale If Gordon Company uses a perpetual FIFO inventory system, the cost of ending inventory on December 31 is 200 380 $17,600 $2800 $8800 $5600