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P. Didee has the following inventory information. July 1 Beginning Inventory 20 units at $90 5 Purchases 120 units at $92 14 Sale 90 units

P. Didee has the following inventory information.

July 1 Beginning Inventory 20 units at $90
5 Purchases 120 units at $92
14 Sale 90 units
21 Purchases 60 units at $95
30 Sale 58 units

Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis?

a. 4744

b. 4750

c. 4940

d. 4790

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