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: Date Activities January 1 January 8 Beginning inventory Purchase Units Acquired at Cost 460 units @ $18 = $8,280 440 units @$20 = $8,800 Units Sold at Retail January 12 Sale 800 units @ $70 January 17 Purchase 500 units @ $22 - $11,000 January 23. January 28 Sale 350 units @ $70 Purchase 560 units @$24 = $13,440 If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory? Multiple Choice