Question 26 3 pts Eller Company uses a periodic inventory system. Relevant inventory information for the year follows: 1-Jan Beginning inventory 20 units @ $170 per unit 23-May Purchased 20 units @ $135 per unit 5-Nov Purchased 400 units @ $185 per unit 18-Noy Purchased 100 units @ $195 per unit At year-end, 50 units remain in inventory. What is the cost of the ending inventory on a LIFO basis? $8,750 $8,450 $7.950 $7.100