Martin Inc. is a wholesaler of office supplies. The activity for supply number 47519 during October is shown below:

Date	Balance/Transaction	Units	Cost
October 1	Inventory	2,000	$36.00
October 7	Purchase	3,000	37.20
October 12	Sales	3,600
October 21	Purchase	4,800	38.00
October 22	Sales	3,800
October 29	Purchase	1,600	38.60

If Martin Inc. uses a LIFO periodic inventory system, the ending inventory of supply number 47519 at October 31 is reported as:

a. $146,400

b. $150,160

c. $152,960

d. $150,080