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Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,550 gallons @ $8.30 per gallon = $12,865 Purchases: 10 Mar. 16 Mar.

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Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,550 gallons @ $8.30 per gallon = $12,865 Purchases: 10 Mar. 16 Mar. 23 Mar: 710 gals @ $8.35 910 gals @ $8.40 710 gals @ $8.45 Sales: Mar. 5 Mar. 14 Mar. 20 Mar. 26 510 gals 810 gals 610 gals 810 gals The ending inventory assuming FIFO is

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