Jones Company has the following data available:

Transaction	Units Purchased	Unit Cost	Units Sold
Beginning Inventory	850	$30
Oct. 1 Purchase	325	32
Oct. 10 Sale			400
Oct. 14 Purchase	450	36
Oct. 20 Sale			590
Oct. 22 Purchase	400	37
Oct. 29 Sale			525

If Jones Company uses a perpetual LIFO inventory system, the cost of ending inventory on October 31 is ________.

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Part 1

A.

$18,870

B.

$66,900

C.

$14,800

D.

$15,300