Niles Co. has the following data related to an item of inventory: Inventory, March1 Purchase, March 7 Purchase, March 16 Inventory, March 31 400 units @ $2.10 1,400units@ $2.20 280 units $2.25 620 units 9. The value assigned to ending inventory if Niles uses LIFO is a. $1,160 b. $1,104. C. $1,092 d. $1,324