Hemming Co. reported the following current-year purchases and sales for its only product.

Date

Activities

Units Acquired at Cost

Units Sold at Retail

Jan.

1

Beginning inventory

275

units

@ $13.00

=

$

3,575

Jan.

10

Sales

230

units

@ $43.00

Mar.

14

Purchase

450

units

@ $18.00

=

8,100

Mar.

15

Sales

400

units

@ $43.00

July

30

Purchase

475

units

@ $23.00

=

10,925

Oct.

5

Sales

455

units

@ $43.00

Oct.

26

Purchase

175

units

@ $28.00

=

4,900

Totals

1,375

units

$

27,500

1,085

units

Hemming uses a perpetual inventory system. Assume that ending inventory is made up of 45 units from the March 14 purchase, 70 units from the July 30 purchase, and all 175 units from the October 26 purchase. Using the specific identification method, calculate the following.