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The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 400 units @ $ 2.40 First purchase @ May 7 500

The inventory records for Radford Co. reflected the following

Beginning inventory @ May 1 400 units @ $ 2.40
First purchase @ May 7 500 units @ $ 2.60
second purchase @ May 17 700 units @ $ 2.70
Third purchase @ May 23 300 units @ $ 2.80
Sales @ May 31 1,500 units @ $ 4.30

Determine the amount of ending inventory assuming the FIFO cost flow method.

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