The following information was available from the inventory records of Tony Company for January. Assuming the perpetual inventory system, what should be the ending inventory at January 31, using the LIFO inventory method? Round intermediate calculations to three decimals and final answer to the nearest dollar?

	Units	Unit Cost	Total Cost
Balance at January 1	8,100	$9.77	$79,137
Purchases:
January 6	6,000	10.30	61,800
January 29	9,000	10.71	96,390
Sales:
January 7	(11,100)
January 31	(7,500)
Balance at January 31	4,500

Group of answer choices

$43,965

$47,394

$45,375

$48,195

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