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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 $2,050
6/6 Purchase 890 $4,150
9/10 Purchase 1,310 $5,650
11/15 Purchase 970 $5,350

During the year, RJ sold 3,380 units.
What was ending inventory using the LIFO cost flow assumption under a periodic inventory system?

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