Tedder Co. Tedder uses a periodic inventory system. At the end of January, 20 units were on hand. The following additional information is available for the month of January: Jan. 1 Beginning inventory: 10 units at $2 each $ 20 20 Purchased 90 units for $3 each 270 Cost of goods available for sale $290 Refer to the information provided for Tedder Co. If the company uses the LIFO inventory method, how much is inventory on the balance sheet at the end of January?

		$40
		$50
		$58
		$60