Lamp Inc. sells lamps. During March 2018, its inventory records for the category "Nightstand Lamps" were as follows:

Quantity

Price per Lamp

Total

Beginning Inventory

2,000 lamps

$26

= $52,000

March 7 Purchase

1,800 lamps

$29

= $52,200

March 11 Sale

2,500 lamps

N/A

March 17 Purchase

900 lamps

$31

= $27,900

March 23 Sale

800 lamps

N/A

March 28 Purchase

700 lamps

$32

= $22,400

Using the information above, perpetual LIFO ending inventory is:

Select one:

a. $54,900

b. $64,800

c. $95,200

d. $59,300