QUESTION 10 Tool City, Inc. had 300 cordless screwdrivers on hand at January 1, 20X1 costing $45 each. Purchases and sales of cordless screwdrivers during the month of January were as follows: Datel Purchases January 9 Sales 200 @ $75 January 14 100 @ $47 January 23 75 @ $76 January 25 January 30 100 @ $48 75 @ $77 Based on a physical count, 150 cordless screwdrivers were on hand at January 31, 20X1. What is the cost of the inventory at January 31, 20X1 under the LIFO method? O $6,750 $7,150 $ 6,915 $6,875