Singleton Company's perpetual inventory records included the following information: Date January 1 March 4 September 28 Activities Beginning inventory Purchase Purchase. Number of units and unit cost 390 units @ $16 340 units @ $28 730 units @ $18 Number of units sold during the year: 1,090 If Singleton uses the LIFO cost flow method, its ending inventory would be $5,920. True or False: True False Total cost $6,240 $9,520 $13,140