Question $2$

$0\mathrm{.}5$ points

Leno uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows:

Beginning Inventory $($Jan$\mathrm{.}1)16$ bobs @ $$12$ each

Purchase Jan. $11,14$ bobs @ $$17$ each

Sale Jan. $14,25$ bobs @ $$32$ each

Purchase Jan. $17,10$ bobs @ $$19$ each

Assuming that the company uses the FIFO flow assumption, the ending inventory to be recorded January $31$ is: GIVE ANSWERS FOR ALL NUMERIC COMPUTATIONS AS A

SINGLE TOTAL DOLLAR AMOUNT WITHOUT USING $ SIGN