The inventory records for Radford Company reflected the following: 5 Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third purchase @ May 23 Sales @ May 31 100 units @ $4.65 300 units @ $5.05 500 units @ $5.25 100 units @ $5.45 900 units @ $8.45 1:31 What is the amount of ending inventory assuming the FIFO cost flow method? Multiple Choice $465 $1,005 $545 he $505