Inventory records for Valdez Industrial Supply, Co. revealed the following: March 1, 2022, inventory: 1,000 gallons @ $7.20 = $7,200

Purchases:							Sales:
Mar. 10	600	gals	@	$	7.25		Mar. 5	400	gals
Mar. 16	800	gals	@	$	7.30		Mar. 14	700	gals
Mar. 23	600	gals	@	$	7.35		Mar. 20	500	gals
							Mar. 26	700	gals

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

Group of answer choices

$5,075.

$5,055.

$5,040.

$5,135.