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Niles Company has the following data related to an item of inventory: Inventory, March 1 135 units @ $2.28 each Purchase, March 7 250 units

Niles Company has the following data related to an item of inventory:

Inventory, March 1 135 units @ $2.28 each
Purchase, March 7 250 units @ $2.32 each
Sale, March 28 160 units @ $4.00 each
Purchase, March 29 70 units @ $2.50 each

Using FIFO perpetual, what is the value of ending inventory?

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