Sanfillipo, Inc., had $800$ units of inventory on hand at March $1$ of the current year, costing $$20$ each. Purchases and sales of inventory during the month of March were as follows:

Date Purchases Sales

March $8600$ units

$15400$ units @ $$22$ each

$22400$ units @ $$24$ each

$27400$ units

Sanfillipo uses the periodic inventory system. According to a physical count, $600$ units were on hand at the end of March.

The cost of inventory at the end of March applying the LIFO method is:

Multiple Choice

$$12,900$

$$14,400$

$$12,000$

$$14,000$