Short Problem 03 Bradley Corporation began business on January 1. During January, Bradley used the periodic method and reported the following: January 1 purchase: 100 units @ $10 $1,000 January 10 purchase: 150 units @ $14 = $2,100 January sales: 200 units Determine the amount of inventory to report on Bradley's balance sheet at January 31 under the LIFO cost flow assumption. Inventory