Inventory records for Dunbar Incorporated revealed the following:

Date

Transaction

Number of Units

Unit Cost

Apr. $1$ Beginning Inventory

$500$

$$2\mathrm{.}40$

Apr. $20$ Purchase

$400$

$2\mathrm{.}50$

Dunbar sold $700$ units of inventory during the month. Ending inventory assuming LIFO would be:

$490$

$500$

$480$

$470$