Sheridan Company has the following inventory data: July 1

Sheridan Company has the following inventory data:

July 1
Beginning inventory
32 units at $15
$480
7
Purchases
85 units at $24
2040
22
Purchases
13 units at $16
208






$2728

A physical count of merchandise inventory on July 30 reveals that there are 40 units on hand. Using the LIFO inventory method, the amount allocated to ending inventory for July is



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