Logan Company uses a perpetual inventory system on a FIFO basis. Assuming inventory on January 1 was 1,200 units at $7.50 each. Received Date Quantity Apr. 15 170 Nov. 12 1,850 Cost per unit $4.50 8.50 Sold Date Quantity Mar. 8 600 Oct. 5 300 What is the cost of ending inventory at the end of October 5? Ending inventory