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Crane Industries has the following inventory information.

July $1$ Beginning Inventory $30$ units at $$110$

$5$ Purchases $220$ units at $$108$

$14$ Sale $,140$ units

$21$ Purchases $,90$ units at $$110$

$30$ Sale $120$ units

Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a LIFO basis?

$$8700$

$$29500$

$$8800$

$$29760$

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