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Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,500 gallons @ $8.2 per gallon = $12,300 Purchases: Sales: Mar. 10 700gals@$8.25

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,500 gallons @ $8.2 per gallon = $12,300 Purchases: Sales: Mar. 10 700gals@$8.25 Mar. 5 500gals Mar. 16 900gals@$8.30 Mar. 14800gals Mar. 23 700gals@$8.35 Mar. 20600gals Mar. 26800gals Ending inventory assuming LIFO in a perpetual inventory system would be

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