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Question 22 of 24 10/15 View Policies Show Attempt History Current Attempt in Progress Martinez Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Martinez Company uses the periodic inventory system. Purchases Sales Units Units Selling Price/Unit Unit Cost $50 $60 100 58 Beginning inventory Purchase Sales Purchase 58 3/1 3/3 3/4 3/10 3/16 3/19 $80 200 $65 Sales 66 92 $90 $90 $90 58 3/25 Sales Sales Purchase 3/30 42 $70 D arch o con 1 JUN 22 UI 24 10/15 e Textbook and Media Your answer is correct. Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. Ending Inventory $ 6,560 e Textbook and Media Attempts: 1 of 3 used Submit Answer Save for later o 12