Strods Company reported the following purchases and sales of its only product. Strods uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO. Date Activities Units Acquired at Cost Units Sold at Retail 270 units @ $12 280 units @ $14 May 1 Beginning Inventory Purchase Sales 200 units @ $22 10 Purchase Sales 15 24 160 units @ $15 150 units @ $23 $3,680 $5,600 $6,660 $4,500 $3,850