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Inventory records for Herb's Chemicals revealed the following: March 1 , 2 0 2 4 , inventory: 1 , 4 0 0 gallons @ $

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Inventory records for Herb's Chemicals revealed the following:
March 1,2024, inventory: 1,400 gallons @ $8.00 per gallon = $11,200
Purchases: Sales:
March 10680 gallons @ $8.05 March 5480 gallons
March 16880 gallons @ $8.10 March 14780 gallons
March 23680 gallons @ $8.15 March 20580 gallons
March 26780 gallons
Ending inventory assuming LIFO in a periodic inventory system would be:
Multiple Choice
$8,271.
$8,160.
$8,211.
$8,175.
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