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The information below relates to Cougar Corp's inventory purchases and sales for May. Cougar Corp. utilizes a FIFO cost flow assumption. Units Purchase/Sale Price (per

The information below relates to Cougar Corp's inventory purchases and sales for May. Cougar Corp. utilizes a FIFO cost flow assumption.

Units Purchase/Sale Price (per Unit)
May 1, Beginning Inventory 10 $100
May 3, Purchase 15 $110
May 5, Sale 12 $200
May 9, Purchase 25 $125
May 15, Sale 14 $250

Assume Cougar Corp utilizes a periodic inventory system. What is Cougar Corp's ending inventory for May (in dollars)? Do not use decimals or dollar signs.

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