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The following information relates to inventory for Syracuse, Inc. Date Quantity Price 1-Mar Beginning inventory 20 units $2 7-Mar Purchase 15 units $3 11-Mar Sale
The following information relates to inventory for Syracuse, Inc.
| Date | Quantity | Price | |
| 1-Mar | Beginning inventory | 20 units | $2 |
| 7-Mar | Purchase | 15 units | $3 |
| 11-Mar | Sale | 25 units | $7 |
| 12-Mar | Purchase | 20 units | $4 |
At what amount would Syracuse report ending inventory using LIFO perpetual cost flow assumptions?
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