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The following lots of Commodity D were available for sale during the year Use this information to answer the question. Beginning inventory First purchase 10

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The following lots of Commodity D were available for sale during the year Use this information to answer the question. Beginning inventory First purchase 10 units at $60 25 units at $65 30 units at $68 15 units at $75 Third purchase The firm uses the periodic system, and there are 25 units of the commodity on hand at the end of the year What is the amount of the inventory at the end of the year using the LIFO method? $1,805 $3,815 $1,685 $1,575

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