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Loach Corp. had the following inventory data: Date Quantity Unit Cost July 1 Beginning inventory 5 $50 July 4 Purchase 10 $56 July 7 Sale

Loach Corp. had the following inventory data: Date Quantity Unit Cost July 1 Beginning inventory 5 $50 July 4 Purchase 10 $56 July 7 Sale 12 July 11 Purchase 9 $55 July 14 Sale 8 Assuming FIFO, what is the ending inventory after the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) $220 $200 $212 $63

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