Wholesale Co. started carrying a new product in December. Purchases and sales of this product during the month were: Purchased 100 units of 80 USD per unit on Dec 20

Purchased another 100 units at 90 USD per unit on Dec. 28

Sold 80 units on Dec.31

Assuming the LIFO flow assumption is in use, the perpetual inventory records will indicate an ending inventory of this product of: A. $9,800. B. $10,600. C. $10,800. D. $8,000.