Required information Castle TV, Inc. purchased 1,500 monitors on January 5 at a per-unit cost of $133, and another 1500 units on January 31 at a per-unit cost of $250. In the period from February 1 through year-end, the company sold 2,870 units of this product. At year-end, 130 units remained in inventory. Assume that Castle TV, Inc. uses the LIFO flow assumption. The cost of the 130 units in the year-end inventory is: Multiple Choice $32.500. $24.895 $49,790