Smart Phones, Inc. had the following balances and transactions during 2019. Beginning Inventory 40 units at 575 June 10 Purchased 80 units at $78 December 30 Sold 75 units December 31 Replacement cost $80 The company maintains its records of inventory on a perpetual basis using the last - in, first-out inventory costing method. Calculate the amount of ending Merchandise Inventory at December 31, 2019 using the lower-of-cost-of-market (Round any intermediate calculations two decimal places, and your final answer to the nearest dolar) O A $3.600 OB. $3,000 OC. 53,510 OD. $3.390