The purchases of a particular product for Andromeda Inc. during the year are shown: Jan. 1 Feb. 7 July 10 Beginning inventory Purchase Purchase Purchase Total 1,100 units @ $7.25 1,450 units @ $7.50 1,600 units @ $8.00 1,000 units @ $8.50 5,150 $ 7,975 10,875 12,800 8,500 $ 40,150 Nov. 25 At December 31 the ending inventory consisted of 1,500 units. 1. Compute the cost of the ending inventory based on the LIFO (last-in, first-out) method of inventory valuation A. $12,500 B. $27,650 C. $10,975 D. $29,175 E. None of the above