MC Qu. 100 A company had the following.. A company had the following purchases and sales during its first year of operations: Purchases Sales January 10 units at $155 7 units February: 20 units at $160 5 units May: September: 12 units at $170 8 units November: 10 units at $175 11 units 15 units at $165 9 units On December 31, there were 27 units remaining in ending inventory. Using the Perpetual LIFO inventory valuation method, what is the cost of the ending inventory? (Assume all sales were made on the last day of the month.)