Marsh Company had 150 units of product A on hand at January 1, year 2, costing $21 each. Purchases of product A during the month of January were as follows:

		Units		Unit cost
Jan. 10		200		$22
18		250		23
28		100		24

A physical count on January 31, year 2, shows 250 units of product A on hand. The cost of the inventory at January 31, year 2, under the LIFO method is

1. $5,850

2. $5,550

3. $5,350

4. $5,250