Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,500 gallons @ $8.2 per gallon = $12,300 Purchases: Mar. 10 Mar. 16 Mar. 23 700 gals @ $8.25 900 gals @ $8.30 700 gals @ $8.35 Sales: Mar. 5 Mar. 14 Mar. 20 Mar. 26 500 gals 800 gals 600 gals 800 gals Ending inventory assuming LIFO in a perpetual inventory system would be: Ending inventory assuming LIFO in a perpetual inventory system would be: Multiple Choice $8,940. $9120. $9,040. $9,060