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Please find out the closing value on inventory as of Dec 31,2021, using the FIFO...

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Accounting

Please find out the closing value on inventory as of Dec 31,2021, using the FIFO method
Transaction date
Dec. 02 Received 800 units @$10 each unit
Dec .03 Issued 600 units
Dec. 08 Received 1,000 unist @ $11 each unit
Dec. 09 Issued 1,000 units
Dec. 16 Received 1,000 units @12 per unit
Dec. 17 Issued 900 units
Dec. 21 Received 1,200 units @ $11 per unit
Dec. 22 Received 600 units @ 12 per unit
Dec. 28 Issued 2,000 units

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