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Inventory records for Capetown, Incorporated revealed the following: Date Transaction Number of Units Unit Cost April 1 Beginning Inventory 4 8 0 $ 2 .

Inventory records for Capetown, Incorporated revealed the following:
Date Transaction Number of Units Unit Cost
April 1 Beginning Inventory 480 $ 2.44
April 20 Purchase 3302.80
Capetown sold 590 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)
Multiple Choice
$616.
$537.
$1,344.
$1,171.

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