Determine ending inventory using dollar$-$value LIFO. Assume that the December $2,2025,$ purchase cost is the current cost of Sheridan Corporation began operations on December $1,2024.$ The only inventory transaction in $2024$ was the purchase of inventory

on December $10,2024,$ at a cost of $$22$ per unit. None of this inventory was sold in $2024.$ Relevant information is as follows.

Ending inventory units

December $31,2024$

$140$

December $31,2025,$ by purchase date

December $2,2025$

$140$

July $20,2025$

$50,190$

During the year, the following purchases and sales were made.

The company uses the periodic inventory method.

inventory. $($Hint: The beginning inventory is the base layer priced at $$22$ per unit.$)($Round answer to $0$ decimal places, e$.$g$.$

$2,760.)$

Ending inventory at dollar$-$value LIFO $