The following is the inventory and purchases for Kobe Co. during the month of May:

Units Cost Per Unit

Beginning balance 5/1 1,000 $ 10

Purchase 5/8 1,500 11

Purchase 5/15 1,000 11

Purchase 5/23 1,000 12

There were 1,100 units in inventory at the end of May.

9. The cost of goods sold using FIFO would be

		$13,000
		$36,400
		$49,500
		more information is needed

The value of the ending inventory using LIFO would be?