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RJ Corporation has provided the following information about one of its inventory items: Date 1/1 6/6 9/10 11/15 Transaction Beginning Inventory Purchase Purchase Purchase Number

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RJ Corporation has provided the following information about one of its inventory items: Date 1/1 6/6 9/10 11/15 Transaction Beginning Inventory Purchase Purchase Purchase Number of Units 660 865 1,265 880 Cost per Unit $ 2,500 $ 3,925 $ 4,975 $ 5,500 During the year, RJ sold 3,200 units. What was ending inventory using the LIFO cost flow assumption? Multiple Choice $2,071,906. $1,175.000 $1,769,550. $2,585,000

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