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TB MC Qu . 0 5 - 1 0 0 ( Algo ) A company's inventory records indicate the following... A company's inventory records indicate

TB MC Qu.05-100(Algo) A company's inventory records indicate the following...
A company's inventory records indicate the following data for the month of January:
\table[[Date,Activities,Units Acquired at cost,Units Sold at Retail],[January 1,Beginning inventory,540 units @ $18=$9,720,],[January 8,Purchase,520 units @ $20=$10,400,],[January 1:,Sale,,960 units @ $70],[January 1:,Purchase,580 units @ $22=$12,760,],[January 2:,Sale,,390 units @ $70],[January 2,Purchase,640 units @$24=$15,360,]]
If the company uses the LIFO perpetual Inventory system, what would be the cost of the ending inventory?
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