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Texas Petrochemical reported the following April activity for its VC-30 lubricant, which had a balance of 380 qts. @ $4.00 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 380 qts. @ $4.00 per quart on April 1. Purchases: Apr. 10 Apr. 14 Apr. 20 580 qts @ $4.10 480 qts @ $4.20 480 qts @ $4.25 Sales: Apr. 3 Apr. 12 Apr. 26 360 qts 580 qts 389 ats The ending inventory assuming LIFO and a periodic inventory system is: (Round your final answer to two decimal places.) Multiple Choice 0 $2,422.00 O $2.52700 0 O $2.46200 0 O $2,532.00 0

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