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The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 1 0 0 units @ $ 4 . 9 5 First

The inventory records for Radford Company reflected the following:
Beginning inventory @ May 1100 units @ $4.95
First purchase @ May 7300 units @ $5.35
Second purchase @ May 17500 units @ $5.55
Third purchase @ May 23100 units @ $5.75
Sales @ May 31900 units @ $8.75
What is the amount of ending inventory assuming the FIFO cost flow method?
Multiple Choice
$535
$1,035
$495
$575

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