Question $4(1$ point$)$

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White Paper, LLC$,$ a small local retailer of printer paper, just started its operations. The company purchased two batches of printer paper inventory throughout the year. The company just started its operations, so beginning inventory is $$0.$

Batch $1$ was for $7,536$ units at $$14\mathrm{.}18$ per unit. Batch $2$ was for $8,135$ units at $$18\mathrm{.}27$ per unit.

White Paper, LLC sold $12,982$ units were sold after the second purchase.

Calculate ending inventory using LIFO in a periodic inventory system.

Round the answer to two decimals.

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