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The inventory data for an item for November are:

Nov. 1	Inventory	24 units at $25
4	Sale	11 units
10	Purchase	33 units at $27
17	Sale	17 units
30	Purchase	22 units at $28

Using a perpetual system, what is the cost of merchandise sold for November if the company uses LIFO?

a. $1,059

b. $734

c. $1,399

d. $708