Nguyen Liquids Unlimited ended April with 1,000 gallons of inventory which was purchased for $7.00 per gallon. During, May, the company sold 2,300 gallons on inventory and had the following purchases: Purchases: Gallons Unit Cost May 4 600 gals @ $ 7.25 May 9 800 gals @ $ 7.30 May 12 600 gals $ 7.35 Ending inventory assuming LIFO in a periodic inventory system would be: $5,040.00 $4,900.00 $5,140.00 $5,145.00