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RJ Corporation has provided the following information about one of its inventory items: Date Transaction Number of Units Cost per Unit 1/1 Beginning Inventory 480

RJ Corporation has provided the following information about one of its inventory items:
Date
Transaction
Number of Units
Cost per Unit
1/1
Beginning Inventory
480
$2,950
6/6
Purchase
820
$3,700
9/10
Purchase
1,220
$4,300
11/15
Purchase
800
$4,600

During year RJ sold 2,960 units.

What was ending inventory using the LIFO cost flow assumption under a periodic inventory system?

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