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The following information was available from the inventory records of Carbi D Co. for March: Units Unit Cost Total Cost Balance on March 1 10

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The following information was available from the inventory records of Carbi D Co. for March: Units Unit Cost Total Cost Balance on March 1 10 $20 $200 Purchases: March 5 20 25 500 March 13 15 30 450 March 27 20 35 700 Sales: March 8 (15) March 21 (10) March 30 (25) Assuming that Carbi D adopts periodic inventory system, what should be the inventory on March 31, using the LIFO inventory method? $525 O $1,525 O $1,325 $325

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