Martinez Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Martinez Company uses the perpetual inventory system.

				Purchases						Sales
				Units			Unit Cost			Units			Selling Price/Unit
3/1		Beginning inventory		170			$55
3/3		Purchase		102			$60
3/4		Sales								102				$120
3/10		Purchase		340			$65
3/16		Sales								153				$130
3/19		Sales								119				$130
3/25		Sales								85				$130
3/30		Purchase		68			$75

(d)

Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31.

Amount assigned to the inventory

$

Please show your work if you don't mind. Thank you!