Hoffman Corp just began business and made the following inventory purchases in April: Date Units total 4 200 12 300 April April April April Cost $1.50 $2.00 $3.00 $4.00 19 500 $300 $600 $1,500 $400 $2,800 27 100 1,100 A physical count of merchandise inventory on April 30 reveals that there are 300 units on hand. Using the LIFO inventory method, the value of the ending inventory on April 30 is