Required information [The following information applies to the questions displayed below.] Glasgow Enterprises started the period with 85 units in beginning inventory that cost $2.00 each. During the period, the company purchased inventory items as follows: Purchase No. of Items 1 350 Cost $2.50 2 3 125 $2.60 50 $3.00 Glasgow sold 375 units after purchase 3 for $8.10 each. What is Glasgow's ending inventory under LIFO? What is Glasgow's ending inventory under LIFO? Multiple Choice O $611 $545 $470 $705