Jack's Used Car Dealership purchased the following inventory items as inventory in January at the following prices: Jan. 1, Camero, $10,000 Jan. 3, Hummer, $17,000 Jan. 10, Alero, $2,000 Jan. 14, Elantra, $5,000 Jan. 21, Grand Cherokee, $7,000 During January, the dealership sold the Camero and Grand Cherokee. If the dealership uses periodic LIFO, what is the company's ending inventory on Jan. 312 $29,000 O $12,000 $24,000 $14,000 O $27.000