Sheridan Bookstore had 480 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Purchases Date Jan. Sales 445 @ $15 14 17 25 29 240 @ $10 240 @ $11 220 @ $16 Sheridan does not maintain perpetual inventory records. According to a physical count, 295 units were on hand at January 31. The cost of the inventory at January 31, under the LIFO method is: $2655 $3190 $2950 $3245