Question: (5 points) Laceleaf uses LIFO and started the month with 57,000 units in inventory that cost $59.90 each. On May 5, they purchased an additional

(5 points) Laceleaf uses LIFO and started the month with 57,000

(5 points) Laceleaf uses LIFO and started the month with 57,000 units in inventory that cost $59.90 each. On May 5, they purchased an additional 114,000 units of inventory for $65.90 and on May 10 they purchased 45,600 units of inventory for $68.30. On May 31, the company had 68,400 units on hand. What should the company report as ending inventory for the month? (A 14) $4,097,160 $4,425,480 $4,671,720 $4,165,560

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