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March 1, 2021, Inventory: 1300 gallons $7.80 per gallon = $10,140 Purchases Mar. 10 Mar. 16 Mar. 23 660 gals @ $7.85 860 gals @

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March 1, 2021, Inventory: 1300 gallons $7.80 per gallon = $10,140 Purchases Mar. 10 Mar. 16 Mar. 23 660 gals @ $7.85 860 gals @ $7.90 660 gals $7.95 Sales: Mar. 5 Mar. 14 Mar. 20 Mar. 26 460 gals 760 gals 560 gals 760 gals Ending inventory assuming LIFO in a periodic inventory system would be

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