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Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,650 gallons @ $8.5 per gallon = $14,025 Purchases: Mar. 10 Mar. 16

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Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,650 gallons @ $8.5 per gallon = $14,025 Purchases: Mar. 10 Mar. 16 Mar. 23 730 gals @ $8.55 930 gals @ $8.60 730 gals @ $8.65 Sales: Mar. 5 Mar. 14 Mar. 20 Mar. 26 530 gals 830 gals 630 gals 830 gals Ending inventory assuming LIFO in a perpetual inventory system would be: Multiple Choice O $10,410. O $10,470. $10,290. $10,390

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