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Lansing Inc. uses a perpetual inventory system. Inventory costs are determined using the last in , first out ( LIFO ) method. On August 2

Lansing Inc. uses a perpetual inventory system. Inventory costs are determined using the last in, first out (LIFO) method. On August 2,39 units were purchased at $19 per unit. On August 5,24 units were purchased at $14 per unit. On August 15,26 units were sold at $53 per unit. On August 18,29 units were purchased at $15 per unit. The value of the inventory on August 18 after the purchase is $
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