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XYZ Co. sells sweet tea by the gallon jug. In 2021 the company ended the year with 100 gallon jugs that each cost $20. In

XYZ Co. sells sweet tea by the gallon jug. In 2021 the company ended the year with 100 gallon jugs that each cost $20. In January 2022, XYZ bought another 25 gallon jugs at $23 each. In 2022, the company sold 110 gallon jugs for $45 each. If the company uses FIFO inventory, what is XYZ's ending inventory on the 2022 balance sheet

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