The inventory records of Green Retail Store, Inc. include the following information regarding product #147 Beginning Inventory - 2,000 units @ $5.00 Purchases 1/10 - 3,000 units @ $6.00 1/25 - 3,500 units @ $6.50 Sales 1/5 - 1,500 units 1/15 - 2,000 units 1/29 - 2,500 units What amount should Green Retail report as ending inventory for product #147 assuming the LIFO periodic inventory system is used? Multiple Choice $14,500 $13,000 $15,000 $16,250