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Waterway Industries has the following inventory information. July 1 Beginning Inventory 35 units at $110 5 Purchases 240 units at $111 14 Sale 170 units

Waterway Industries has the following inventory information.

July 1 Beginning Inventory 35 units at $110
5 Purchases 240 units at $111
14 Sale 170 units
21 Purchases 90 units at $110
30 Sale 120 units

Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis?

$8290

$30750

$30730

$8250

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