Texas Petrochemical reported the following April activity for its VC-30 lubricant, which had a balance of 305 qts. $2.50 per quart on April 1. Purchases: Apr. 101 Sales: 505 qts @ $2.60 Apr. 31 210 qts Apr. 14 Apr. 201 405 qts @ $2.70 Apr. 12 505 qts 405 qts $2.75 Apr. 26 305 qts The ending inventory assuming LIFO and a periodic inventory system is: (Round your final answer to two decimal places.)