Question: pls help me solve this question as soon as possible thanks Tom owns a stationary store. The table below shows the transactions of an item

pls help me solve this question as soon as possible thanks

pls help me solve this question as soon as possible thanks Tom

Tom owns a stationary store. The table below shows the transactions of an item in the first quarter. Date Units Purchase Units Sold Selling Price Inventory Purchased Price Units on Hands 12/01/21 1,000 $20 1,000 23/01/21 500 $50 500 18/02/21 1,000 $18 1,500 06/03/21 1,200 $50 300 17/03/21 1,000 $17 1,300 26/03/21 400 $50 900 End of 3,000 $55,000 2,100 $105,000 quarter totals Assuming Tom uses a perpetual LIFO inventory valuation method, the value of ending inventory for the first quarter is

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