Shirley, Inc. had the following information regarding 2016 inventories: Units Price Amount January 1 2016 Inventory 1,000 $6.00 $ 6,000 March 8, 2016 purchase 2,000 $7.00 14,000 August 17, 2016 purchase 3,000 $8.00 24,000 Total 6,000 $44,000 During 2016, Shirley sold 2,000 units for $10.00 each. Shirley adopted the LIFO method with a periodic inventory system. Determine cost of ending inventory

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