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Sunland Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 3 sets at $404 each. On January 10,

Sunland Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 3 sets at $404 each. On January 10, Sunland purchased 6 units at $600 each. The company sold 2 units on January 8 and 5 units on January 15. Your answer is correct. Compute the ending inventory under lifo

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