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Texas Petrochemical reported the following April activity for its VC 30 lubricant, which had a balance of 345 qts. $3.30 per quart on April 1.

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Texas Petrochemical reported the following April activity for its VC 30 lubricant, which had a balance of 345 qts. $3.30 per quart on April 1. Purchase Apr. 10 Apr. 14 Apr. 20 545 gts @ $3.40 445 to $3.50 445 to $3.55 Sales: Apr. 3 Apr. 12 Apr. 26 290 qto 545 ats 345 tu The ending inventory assuming LIFO and a periodic inventory system is: (Round your final answer to two decimal places.) The ending inventory assuming LIFO and a periodic inventory system is: (Round your final answer to two decimal places.) Multiple Choice $2.110.50 $2.005.50 $2,045.50 $2,115.50

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