Inventory records for Herb's Chemicals revealed the following:

March $1,2021,$ inventory: $1,400$ gallons @ $$8\mathrm{.}0$ per gallon $=$ $$11,200$

Purchases: Sales:

Mar. $10680$ gals @ $ $8\mathrm{.}05$ Mar. $5480$ gals

Mar. $16880$ gals @ $ $8\mathrm{.}10$ Mar. $14780$ gals

Mar. $23680$ gals @ $ $8\mathrm{.}15$ Mar. $20580$ gals

Mar. $26780$ gals

Ending inventory assuming LIFO in a perpetual inventory system would be:

Multiple Choice

$$8,200.$

$$8,080.$

$$11,875.$

$$8,180.$

$$8,260.$

$$6,240.$