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

210

units

@ $10.40

=

$

2,184

Jan.

10

Sales

170

units

@ $40.40

Mar.

14

Purchase

310

units

@ $15.40

=

4,774

Mar.

15

Sales

270

units

@ $40.40

July

30

Purchase

410

units

@ $20.40

=

8,364

Oct.

5

Sales

380

units

@ $40.40

Oct.

26

Purchase

110

units

@ $25.40

=

2,794

Totals

1,040

units

$

18,116

820

units

Hemming uses a perpetual inventory system. Assume that ending inventory is made up of 40 units from the March 14 purchase, 70 units from the July 30 purchase, and all 110 units from the October 26 purchase. Using the specific identification method, calculate the following.