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Texas Petrochemical reported the following April activity for its VC-30 lubricant, which had a balance of 305 qts. O $2.50 per quart on April 1. Purchases: Apr. 10 Apr. 14 Apr. 20 505 qts @ $2.60 405 qts @ $2.70 405 qts @ $2.75 Sales: Apr. 3 Apr. 12 Apr. 26 210 qts 505 gts 305 qts 58.48 The ending inventory assuming LIFO and a periodic inventory system is: (Round your final answer to two decimal places.) Multiple Choice $1,529,50 O $1,569.50 Prex 1 of 45 !!! Next >