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Sunny's Tanning Beds Inc. uses the periodic inventory system and has provided the following information: Date Transaction Number of Units Cost Per Unit 1/1 Beginning

Sunny's Tanning Beds Inc. uses the periodic inventory system and has provided the following information: Date Transaction Number of Units Cost Per Unit 1/1 Beginning Inventory 410 $205 4/2 Purchase 130 $215 9/15 Purchase 50 $220

During the year, Sunny sold 520 Tanning Beds.What was the ending inventory using the LIFO cost flow assumption?

$69,700

$11,000

$14,350

$15,400

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