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Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,450 gallons @ $8.10 per gallon = $11,745 Purchases: Mar. 10 Mar. 16

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Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,450 gallons @ $8.10 per gallon = $11,745 Purchases: Mar. 10 Mar. 16 Mar. 23 690 gals @ $8.15 890 gals @ $8.20 690 gals @ $8.25 Sales: Mar. 5 Mar. 14 Mar. 20 Mar. 26 490 gals 790 gals 590 gals 790 gals The ending inventory assuming FIFO is

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