Trey Monson starts a merchandising business on December $1$ and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December $15,$ Monson sells $15$ units for $$29$ each.

$\backslash$table$[[$Purchases on December $7,10$ units @ $$15\mathrm{.}00$ cost$],[$Purchases on December $14,20$ units @$$21\mathrm{.}00$ cost$],[$Purchases on December $21,15$ units @ $$23\mathrm{.}00$ cost$]]$

QS $5-12($Algo$)$ Perpetual: Inventory costing with LIFO LO P$1$

Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method.

$\backslash$table$[[$:$.,,2,,,$erpetu,LIIFO:,,,,$],[,,$ods purc,lased,,,ost of Goo,ds Sold,,intory Bal,$],[$Date$,$# of units,$\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$Cost of$],[$Availa$],[$S$]],\backslash$table$[[$oods$],[$for$]],\backslash$table$[[$# of$],[$units$],[$sold$]],\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$Cost of Goods$],[$Sold$]],$# of units,$\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$Inventory$],[$Balance$]]],[$Degcember $7,,,$$$,0\mathrm{.}00,,,,,,],[,,,$$$,0\mathrm{.}00,,,,,,],[$December $14,,,,,,,\},,,],[$Total December $14,,,,,,,,,,0\mathrm{.}00],[,,,,,,,,,,],[$December $15,,,,,,.,,,,],[$Total December $15,,,,,,,,,,],[,,,$$$,0\mathrm{.}00,,,,,,],[$December $21,,,,,,,,,,],[,,,,,,,,,,]]$