Question 27 (4 points) For items 25, 26, 27 and 28 use the following information from ASU Company inventory records for Product XYZ for the month of October 2020. ASU uses a perpetual inventory system. 1,000 units @ $10 per unit Beginning Inventory (October 01). Purchases and sales: October 03- - Purchases October 08--Sales October 16- Purchases October 26- -Sales October 29- - Purchases 2,000 units @ $11 per unit 1,200 units 2,500 units @ $12 per unit 2,000 units 1,000 units @ $13 per unit What is the value of the ending inventory at October 31 under Last-In, First-Out (LIFO)? $40,600. O $37,200 $37,800 $34,400