Question 16 (5 points) Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 120 $11 5/5 Purchase 180 $13 5/15 Purchase 350 $15 5/25 Purchase 120 $17 Sales were 460 units at $25. Using the LIFO method, determine the dollar value of Ending Inventory for the month of May. Your Answer: