The following information has been extracted from the records of Due North Sales (DNS) Co.:

January 1Beginning Inventory550 units @ $26 eachJanuary 9Bought1,000 units @ $28 eachJanuary 15Sold1,200 units @ $40 eachJanuary 25Bought750 units @ $30 each

If Due North Sales (DNS) uses the LIFO cost flow assumption, under a perpetual method, the ending inventory value at January 31st is (Round to 2 decimal places):

$31,600

$30,987

None of the other alternatives are correct

$32,052

$32,300