Use the following information to answer questions (Round to 2 decimal places): The following information has been extracted from the records of Due North Sales (DNS) Co.:

January 1	Beginning Inventory	550 units @ $26 each
January 9	Bought	1,000 units @ $28 each
January 15	Sold	1,200 units @ $40 each
January 25	Bought	750 units @ $30 each

If Due North Sales (DNS) uses the LIFO cost flow assumption, under a perpetual method, the ending inventory value at January 31^st is:

a. None of the other alternatives are correct

b.$31,600

c.$30,987

d.$32,300

e.$32,052