Simba Company's beginning inventory was $0$ and Simba uses the perpetual inventory method. The following transactions occurred:

Purchased on January $1-300$ units, $$10$ cost per unit

Purchased on January $16-200$ units, $$8$ cost per unit

Purchased on January $25-200$ units, $$11$ cost per unit

On January $30,$ Simba sold $400$ units at a $$15$ selling price per unit.

Assume the FIFO cost flow assumption. Compute ENDING INVENTORY at January $31.$

L

$$3,000$

r

$56,800$

$54,600$

$$800$